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inocomioyo y u juukuuropou punor cupuuro un generating 200% more electricity than any solar panel currently on the market. As a result, RT is expected

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inocomioyo y u juukuuropou punor cupuuro un generating 200% more electricity than any solar panel currently on the market. As a result, RT is expected to experience a 16% annual growth rate for the next 5 years. By the end of 5 years, other firms will have developed comparable technology, and RT's growth rate will slow to 8% per year indefinitely. Stockholders require a return of 14% on RT's stock. The most recent annual dividend (Do), which was paid yesterday, was $3.65 per share. a. Calculate RT's expected dividends for t = 1, t = 2, t = 3, t = 4, and t = 5. Do not round intermediate calculations. Round your answers to the nearest cent. D1 = $ D2 = $ D3 = $ D4 = $ D5 = $ b. Calculate the estimated intrinsic value of the stock today, no. Proceed by finding the present value of the dividends expected at t = 1, t = 2, t = 3, t = 4, and t = 5 plus the present value of the stock price that should exist att = 5, Ps. The stock price can be found by using the constant growth equation. Note that to find s you use the dividend expected at t = 6, which is 8% greater than the t = 5 dividend. Round your answer to the nearest cent. Do not round your intermediate computations

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