Conroy Consulting Corporation (CCC) has been growing at a rate of 30% per year in recent years. This same nonconstant growth rate is expected to last for another 2 years (g0,1=g1,2=30%).

a. If D0 = $2.50, rs =12%, and gL = 7%, then what is CCCs stock worth today? What is its expected dividend yield for the first year? What is the expected capital gains yield for the first year? b. Now assume that CCCs period of nonconstant growth is to last another 5 years rather than 2 years (g0,1 = g1,2 = g2,3 = g3,4 = g4,5 = 30%). How would this affect its price, dividend yield, and capital gains yield? Answer in words only.