Regarding KLXs common stock, George indicated that it pays dividends annually and analysts expect dividends to grow 5% annually over the next four years; after that analysts expect KLXs annual dividend payout ratio to be 60% and its annual return on equity to be 5% forever. The last annual dividend KLX paid on December 31, 2017 was $1.02 per share. Further, George estimates the appropriate required rate of return on KLXs stock is 10%. Given the above information, George asked you to use the non-constant growth dividend model to calculate:

The value per share of KLXs stock on January 1 of years 2018, 2019, 2020, 2021, 2022 & 2023

The dividend yield, capital gains (losses) yield, and required return on KLXs stock for each year between 2018 and 2022.