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Nonconstant Dividend Growth Valuation Conroy Consulting Corporation (CCC) has a current dividend of D0=$2.50. Shareholders require an 11% rate of return. Although the dividend has

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Nonconstant Dividend Growth Valuation Conroy Consulting Corporation (CCC) has a current dividend of D0=$2.50. Shareholders require an 11% rate of return. Although the dividend has been growing at a rate of 27% per year in recent years, this arowth rate is expected to last only for another 2 years (00,1 = 9.2=27% ), After Year 2 , the growth rate will stabilize at 9L=5%a. a. What is CCC's stock worth today? Do not round intermediate calcuiations. Round your answer to the nearest cent. 5 b. What is the expected stock price at year 1 ? Do not round intermediate calculations, Round your answer to the nearest cent. 5 c. What is the Year 1 expected (1) dividend yield, (2) capital gains yield, and (3) total return? Do not round intermediate calculations. Round your answers to two decimal places, Dividend vield: Capital gains yleld: Total return: d. What is its expected dividend yfeld for the second year? The expected capital gains yield? The expected total feturn? Do not round intermedate calculations, Round your answers to two decimal places. Dividend yieid: Capital gains yleld: Total return

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