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Expected Growth for the NEXT TWO (2) years 16.0000% Expected Growth in the THIRD (3) year 12.0000% Constant Growth in Year FOUR (4) and thereafter

Expected Growth for the NEXT TWO (2) years 16.0000%

Expected Growth in the THIRD (3) year 12.0000%

Constant Growth in Year FOUR (4) and thereafter 6.0000%

LAST dividend PAID $2.25

REQUIRED rate of return 9.0000%

AT TIME 0 what is the Dividend YIELD? ____________________________ AT TIME 0 what is the CAPITAL GAINS YIELD? ____________________________ AT TIME 3 what is the Dividend YIELD? ____________________________ AT TIME 3 what is the CAPITAL GAINS YIELD?

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