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dend yield for period begin{tabular}{|c|c|c|c|c|} hline Period & Dividend(Dollars) & Price(Dollars) & multicolumn{2}{|c|}{ (Dollars) } hline 0 & $1.00 & $15.85 & &

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dend yield for period \begin{tabular}{|c|c|c|c|c|} \hline Period & Dividend(Dollars) & Price(Dollars) & \multicolumn{2}{|c|}{ (Dollars) } \\ \hline 0 & $1.00 & $15.85 & & \\ \hline 1 & 1.03 & & & \\ \hline 2 & & & & \\ \hline 3 & & & & \\ \hline 4 & & & & \\ \hline 5 & & & & \\ \hline & & & $1.05 & \\ \hline & & & $6.00 & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|} \hline Period & Dividend(Dollars) & Price(Dollars) & PVofdividendat10.00%(Dollars) \\ \hline 0 & $1.00 & $15.85 & \\ \hline 1 & 1.03 & & \\ \hline 2 & & & \\ \hline 3 & & & \\ \hline 4 & & & \\ \hline \multirow[t]{4}{*}{5} & & & \\ \hline & & 17.08 & \\ \hline & & 18.31 & \\ \hline & & 18.92 & \\ \hline \end{tabular} The dividend yield for period 1 is and it will each period. The capital gain yield expected during period 1 is and it will each period. If it is forecasted that the total return equals 10.00% for the next 5 years, isted total return out to infinity? 3.50% 6.50% \begin{tabular}{|c|c|c|c|} \hline & DividendNollus & Priceproluse & PV of fividend at 10.00% \\ \hline 0 & $1.00 & $15.85 & \\ \hline 1 & 1.03 & & \\ \hline 2 & r & & \\ \hline & & & \\ \hline- & & & \\ \hline 5 & & & 7 \\ \hline \end{tabular} The divider 17.0816.46 ield for period period. \begin{tabular}{|c|c|c|c|} \hline Period & Dividend(Dollars) & Price(Dollar & PVofdividendat10.00%(Dollars) \\ \hline 0 & $1.00 & $15.8 & \\ \hline 1 & 1.03 & & \\ \hline 2 & & & \\ \hline 3 & & & \\ \hline 4 & & & \\ \hline 5 & & 17.08 & \\ \hline & & 18.31 & \\ \hline \end{tabular} The dividend yield for period 1 is and it will period. The capital gain yield expected d60.00%g period 1 is and i will each period. The capital gain yield expected during period 1 is and i will__ each period. If it asted that the total return equals 10.00% for th \begin{tabular}{|c|c|c|c|} \hline Period & Dividend(Dollars) & Price(Dollars) & PVofdividendat10.00%(Dollars) \\ \hline 0 & $1.00 & $15.85 & \\ \hline 1 & 1.03 & & \\ \hline 2 & & & \\ \hline 3 & & & \\ \hline 4 & 1.00 & & \\ \hline 5 & 1.07 & & \\ \hline & 1.15 & & \\ \hline \end{tabular} The dividend yield for period 1 is and it will each period. The capital gain yield expected during period 1 is each period. If it is forecasted that the total return equals 10.00% for tre nex Jyears, what is the forecasted total return out to infinity? \begin{tabular}{|c|c|c|c|c|} \hline Period & Dividend(Dollars) & \multicolumn{2}{|c|}{ (Dollars) } & PVofdividendat10.00%(Dollars) \\ \hline 0 & $1.00 & \multicolumn{2}{|c|}{$15.85} & \\ \hline 1 & 1.03 & \multicolumn{2}{|r|}{} & \\ \hline 2 & & \multirow{2}{*}{\multicolumn{2}{|c|}{16.46}} & \\ \hline 3 & & & & \\ \hline 4 & & 17.08 & r & \\ \hline 5 & & 18.31 & r & \\ \hline & & 18.92 & & \\ \hline \end{tabular} Using the same logic, compute the dividends, prices, and the present value of each of the dividends at the end of each period. The dividend yield for period 1 is and it will each period. The capital gain yield expected during period 1 is and it will each period. If it is forecasted that the total return equals 10.00% for the next 5 years, what is the forecasted total return out to infinity? 3.50% 6.50% 10.00% The dividend yield for period 1 is and it will period. The capital gain yield expected during period 1 is and it will each period. If it is forecasted that the total return equals 10.060.00%; 0 th The dividend yield for period 1 is and it will period. The capital gain yield expected during period 1 is and it will each period. \begin{tabular}{|c|c|c|c|} \hline Period & & PriceProlyst & PV of fividend at 10.00% \\ \hline & $1.00 & $15.85 & \\ \hline 1 & 1.03 & & \\ \hline 2 & & & \\ \hline 3 & & & \\ \hline 4 & & & \\ \hline 5 & & & = \\ \hline \end{tabular} The 1.071.03 dend yield for period peric 1.15 If it is forecasted that the total return equals 10.00% for the next 5 years, what is the forecasted total return out to infinity? 3.50% 6.50% 10.00% 13.50% Note that this stock is called a "Hold" as its forecasted intrinsic value is equal to its current price P0=rsgD1=0.10000.0350$1.04=$15.85 and the expected total return is equal to the required rate of retum rs. If the market was more optimistic and the growth rate would be 5.50% rather than 3.50%, the stock's forecasted intrinsic value would be P0=0.10000.0550$1.04=$22.89, which is greater than $15.85. In this case, you would call the stock a "Buy". Suppose that the growth rate is expected to be 2.50%. In this case, the stock's forecasted intrinsic value would be price, and the stock would be a its current

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