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HI, I need help to solve this problem by tomorrow night, central time. Thank you. From Cengage Assignment 09 - Stocks and Their Valuatipn Due

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HI, I need help to solve this problem by tomorrow night, central time.

Thank you.

image text in transcribed

From Cengage Assignment 09 - Stocks and Their Valuatipn Due on Mar 22 at 11:59 PM CDT 8. Stocks that don't pay dividends yet Goodwin Technologies, a relatively young company has ee iidy s essf pay a dividend, An analyst forecasts that Goodwin is likely to pay its first dividyn three years om nowlfhe expects Goodwin to pay a $3.5000 dividend at that time (D3 = $3.5000) ang beiieve row by i8.20% for the following dividend Wil' g two years (D4 and Ds). However, after the fifth year 41e expesGoodwin's dividend to grow at a constant rate of Goodwin's required return is 13.00%. Fill in the following fha odetermine at the horizon 3.90% per year. datewhen constant growth beginsand the eurrent Intripsic val e, T h re se h t accuracy of your calculations, carry the dividend values to four decimal places. eriln Assuming that the market' Goodwin's capital gainsyiejd Vaiue , and

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