Goodwin Techinologles, a relatively young company, has been wildly successful but has yet to pay a dlvidend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $2.25000 dividend at that bime (Dt=$2,25000) and believes that the dividend will grow by 11.70000% for the following two years (D, and D4). However, after the fitth year, she expects Goodwin's dividend to grow at a constant rate of 3.60000% per year. Goodwin's required return is 12.00000\%. Fil in the following chart to determine Goodwin's 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 caloulations, but round all final answers to two decimal places. Assuming that the markets are in equilitruarn, Goodwin's current expected dividend yleld is , and Goodwin's capital gains yield is Goodnit has been very successalul, but it hasn't pald a dividend yet it circulates a report to its key investors containing the foliowing 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? Yes No