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Nonconstant Dividend Growth Valuation expected to last only for another 2 years ( g 0 , 1 = g 1 , 2 = 2 8
Nonconstant Dividend Growth Valuation
expected to last only for another years After Year the growth rate will stabilize at
a What is CCCs stock worth today? Do not round intermediate calculations. Round your answer to the nearest cent.
$
b What is the expected stock price at Year Do not round intermediate calculations. Round your answer to the nearest cent.
$
c What is the Year expected dividend yield, capital gains yield, and total return? Do not round intermediate calculations. Round your answers to two decimal places.
Dividend yield:
Capital gains yield:
Total return:
Dividend yield:
Capital gains yield:
Total return:
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