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Goodwin Techndogies, a relatively young coenparny, has been widly successful but has yet to pory a dividend. An analyst forecasts that Goodwin is the dividend

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Goodwin Techndogies, a relatively young coenparny, has been widly successful but has yet to pory a dividend. An analyst forecasts that Goodwin is the dividend will orow by 10.40000% for the followng twa vearn (Di and Do). However, after the fifth yeac, she expects Coodwin's dividend to grow at a constant rate of 3.54000% per vear, begins) and the current intrinisic value. To increase the acairncy of your calailatione, do not round your intermediate calculabions, but round all final ansiers to two decinal places: Assumeng that the markets are in equiborien, Coodwn's aurrent expected devidend veld is , and Coodwin's captal gains vield a Goodwin has been very successful, but it hasn t paid a dividend yet. It orcsiates a report to its key investors containing the following statement: Cood win has a large selection of proftable investment opportunities. 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

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