$ per share Nonoonctant Growth and Corporate Valustion \begin{tabular}{|c|c|} \hline Last dividend, D0 & $1.40 \\ \hline Rocquired rabe of robum, rL & 9\% \\ \hline Supemomal growth rabe, Q & 20% \\ \hline Nomal growth mate, an & 6% \\ \hline Ferlod of supemomal orowth & 2 years \\ \hline \end{tabular} a. Finding TTC'e chook worth todsy, ite expeoted dividend, and ospital galne yleide 10 \begin{tabular}{|c|c|} \hline Yoser \\ \hline 1 & Dlvidend \\ \hline 2 & \\ \hline \end{tabular} Furealur 11 12 13 14 15 Horizon value at the end of year 2 stock price 16. Dividend yield during yeer 1 17 Capital gaire yield during year 1 \begin{tabular}{|c|} \hline \begin{tabular}{l} thiA \\ thiA \end{tabular} \\ \hline \\ \hline \end{tabular} 18 19 b. Finding the prios, dividend yleid, and ospital gaine yleid 20 Ferlod of supemomal growen 5 years 21 22 23 24 25 26 27 28 29 Horizon value at the end of year 5 stock price 30 Dividend yield durina year 1 31 Capital gaira yield during year 1 32 33 34 a. Finding TC'c dlvidend and ospital gaine yleide onoe Dividend yield 35 Capital gaira yield 36 d. Finding the ctook value bsesd on the oorporate valustion modsil approsoh \begin{tabular}{|c|c|c|c|} \hline Yosr & FCF (lin millions) & & \\ \hline 1 & 56.3 & & \\ \hline 2 & $13.0 & & \\ \hline 3 & $23.0 & & \\ \hline 4 & $44.6 & & \\ \hline 5 & $72.9 & & \\ \hline 6 & 593.0 & & \\ \hline 7 & $109.7 & & \\ \hline 8 & $1292 & & \\ \hline 9 & $145.8 & & \\ \hline 10 & $159.8 & & \\ \hline WACO & 8\% & & \\ \hline Growen rabe atter the 10 the year, gn & 6% & & \\ \hline Number of common stock outstanding & 25 & millions & \\ \hline Number of protemed stock. & 0 & millions & \\ \hline Value of nonoperating assecs & 50 & millions & \\ \hline Market value of debt & $1,200 & millions & \\ \hline HV of FCF at the end of yeer 10 & & millions & FHAA \\ \hline FV of FCF110 at year 0 & & millions & FHAA \\ \hline FV of HV at year 0 & & millions & \\ \hline Market value of operations & & millions & *HAA \\ \hline Market value of nonoperating assees & & milliona & *HiA \\ \hline Tolal comporate value & & millions & FHAA \\ \hline Less: market value of debt & & millions & *HAA \\ \hline Intircic valwe of common equity & & millions & FtArA \\ \hline Indircic value per share & & & \\ \hline \end{tabular} Download Spreadsheet Nonconstant Growth and Corporate Valuation-25eB1d.xisx a. If DD=$1.40 and rs=9%, what is TTC's stock worth today? Round your answer to the nearest cent. \$ 3 per share What are its expected dividend, and capital gains yields at this time, that is, during Year 1 ? Round your answers to two decimal places. Dividend yield: 3% Capital gains yield: 3% yield and capital gains yield to two decimal places. The price will to $ per share. The dividend yield will to %. The capital gains yield will \%. easy.) Round your answers to two decimal places. Dividend yieid: \% Capital gains yield: \%