Consider a stock that is not planning to pay a dividend until 10 years from now. The first dividend paid (D11) will be $2.50. After that, the company will maintain a constant dividend growth rate of 3% forever. The required return for this stock is 9.5%.

What is the value of the stock 5 years from today? [ Select ] ["$24.43", "$15.52", "$38.46", "The stock has no value as dividends have not started yet."]

What is the dividend yield in 5 years? [ Select ] ["0%", "9.5%", "3%", "It does not exist."]

What is the capital gains yield in 5 years? [ Select ] ["3%", "9.5%", "Does not exist", "0%"]

What is the stock price in 10 years? [ Select ] ["$42.12", "$38.46", "The stock has no value because dividends have not started.", "Unable to determine."]

What is the dividend yield in 20 years? [ Select ] ["6.5%", "9.5%", "0%", "3%"]

What is the capital gains yield in 30 years? [ Select ] ["9.5%", "0%", "6.5%", "3%"]

What is the stock price in 50 years? [ Select ] ["$477.54", "$125.46", "$1,450.75", "$168.61"]