HELPP

Goodwin Technologies, a relatively young company, has been wildy successful but has yet to pay a dividend, An analyst forecasts that Goodwin is likely to pay its first dividend three years from now, She expects Goodwin to pay a $2.00000 dlvidend at that time (D,=$2.00000) and believes that the dividend will grow by 10.40000% for the following two years (D,aaD4). However, after the firth year, she expects Goodwin's dividend to grow at a constant rate of 3.54000% per year. Goodwin's required return is 11.80000%. Fill 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 calculations, but round all final answers to two decimal places. If investors expect a total return of 12.80%, what will be Goodwin's expected dividend and capital gains yeld in two years-that is, the year before the firm begins paying dividends? Again, remember to carry out the dividend values to four decimal places. ( H int: You are at year 2 , and the first dividend is expected to be paid at the end of the year. Find DY, and CGY, ) Goodwin has been very successful, 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. Goodwin has been very successful, but it hasn't paid a dividend yet. It circulates a report to its key investors containing the following 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