rioles Company pays its dividends once per year. The Orioles Company$$s last dividend $($paid

yesterday$)$ was $$1\mathrm{.}20.$ Its dividends are expected to grow each year at $18\%$ for three $(3)$ years, after which

dividends are expected to grow at a rate of four percent $(4\%)$ forever. Its required return is $12\%.$

a$.$ What is the best estimate of the current stock price of Orioles Company?

b$.$ What is the capital gains yield in year $4?$

c$.$ What is the dividend yield in year $4?$

d$.$ Pretend today is January $2,2024.$ Baltimore Company has a share price of $$25$ today; If Baltimore Company is

expected to pay a dividend of $$\mathrm{.}75$ per share at the end of the year and if Baltimore Company's stock price is

expected to grow to $$26\mathrm{.}75$ at the end of the year, What is the equity cost of capital of Baltimore Company?