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inroy Consulting Corporation (CDC) has a current dividend of D5=$1.20, 5harehoiders require an 11% rate of return. Athough the dividend has been growing at a

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inroy Consulting Corporation (CDC) has a current dividend of D5=$1.20, 5harehoiders require an 11% rate of return. Athough the dividend has been growing at a rate of 29% er vear in recent years, this growth rate is expected to isst only for another 2 years (90,1=91,2=29%), After Year 2 , the growth rate will stabilize at a=4%. a. What is CCCs stock worth today? Do not round intermediate calculations. Round your answer to the nearest cent. 5 b. What is the expected stock price at Year 17 Do not round intermediate calculations. Round your answer to the nearest cent. s C. What is the Year 1 expected (1) dividend vield, (2) capital gains yield, and (3) total return? Do not round intermediate calculations. Hound your answers to two decimal places: Dividend vield: Capital gaine veld: Total return: d. What is its expected dividend veld for the second velt? The expected capital gains yield? The expected total return? Do not round intermediate calculations. Round your answers to two decimal places. Dividend yield: cepital gains veld: Total meturn

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