orenson Corp.s current price is expected year-end dividend is D ₁ = $1.90, its required return is r _s = 11.00%, its dividend yield is 6.00%, and its growth rate is expected to be constant in the future. What is Sorenson's expected stock price in 7 years, i.e., what is ? Do not round intermediate calculations. I have the answer P7=44.56. I need help with the following questions:

What is the capital gains yield for a stock whose dividends are expected to grow at a constant growth in the future?

Find the growth rate in dividends by using the concept that the required rate of return (r _{s) =} dividend yield + capital gains yield.

At what rate will the price of a stock grow if the stocks is expected to have constant growth in dividends?

Determine the expected price at P_7.

P₇ is:

_{a. 37.87}

_{b. 38.77}

_{c. 44.56}

_{d. 47.68}

_{e. 50.35}