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Future Corp. is growing rapidly. Dividends are expected to grow at a 20% rate for the next three years, with the growth rate falling off

Future Corp. is growing rapidly. Dividends are expected to grow at a 20% rate for the next three years, with the growth rate falling off to a constant 6% thereafter. If the required return is 14% and the company has just paid a $2.90 dividend, show the following calculations:

a. Find the current price of this share (P0)

b. Calculate Dividend Yield and Capital gains yield today

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