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Goodwin has been very successfut, but it hasn't paid a dividend yet. It circulates a report to its key investors containing the following statement: Goodwin

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Goodwin has been very successfut, but it hasn't paid a dividend yet. It circulates a report to its key investors containing the following statement: Goodwin has a large selection of profitable investment opportunities: Is this statement a possible explanation for why the firm hasn't paid a dividend yet? No Yes 1, Goodwin's current expecter n't paid a dividend yet. It circ Goodwin has a large selection of profitable investment opportunities. Is this statement a possible explanation for why the firm hasn't paid a divid No dwin's current expected dividend yield is , and Goodwin's capital gains yield is the firm hasn't paid a dividend yet? Assuming that the markets are in equilibrium, Goodwin's current expected dividend yield is !en very successful, but it hasn't paid a dividend yet. It circulates a report to is a large selection of profitable investment opportunities. Is this statement a possible explanation for why the firm hasn't paid a dividend yet? No Yes answers to two decimal places. 7, Goodwin's current expected dividend in't paid a dividend yet. It circulates a Goodwin has a large selection of profitable investment opportunities. Is this statement a possible explanation for why the firm hasn't paid a dividend yet? No Yes 9. Stocks that don't pay dividends yet Goodwin Tectunologies, a relatively young company, has been wildiy successful but has yet to pay a dividend. An analyst forecosts that Goodwin is likely to pay its first dividend three years from now. She expocts Goodwin to pay a $2.00000 dividend at that time (Ds =$2.00000) and believes that: the dividend will grow by 10,40000% for the following two years ( 0 . and Ds). Howevec, after the fifh vear, she expects Coodwin's dividend to graw at a constant rate of 3.54000% per vear. Goodwin's required retum is 11.80000%. Fill in the following chart to determine Goodwis horizon value at the horizon date (When constant growth begins) and the current intrinsic value. To increase the accuracy of your calculations, do not round your intermediate calculations, but round all finat: answers to two decimal places. Assuming that the markets are in equilibrium, Coodwn's current expected dividend vield is Coodwin has been very successful, but it hasnt paid a dividend vet. It circulates a report to its key investors containing the foliowing statement

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