Given:

Beta: 1.2

Risk-Free Rate: 3%

Return on Market: 8%

D0: $2

g. Now assume that Bon Temps's dividend is expected to grow 30% the first year, 20% the second year, 10% the third year, and return to its long-run constant growth rate of 4%. What is the stock's value under these conditions? What are its expected dividend and capital gains yields in Year 1? In Year 4