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Micro Corp. are experiencing supernormal growth. The firm's board of directors recently paid a dividend of $ 5 . 1 0 per share. It is
Micro Corp. are experiencing supernormal growth. The firm's board of directors recently paid a dividend of $ per share. It is expected that this dividend will grow at a super rate of for next three years after which the growth rate will level off to a constant forever. The required rate of return is given as
Please show calculations for the the following:
a Find the current price of this share
b Calculate Dividend Yield and Capital gains yield today
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