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Swink Electric, Inc., has just developed a solar panel capable of generating 2 0 0 percent more electricity than any solar panel currently on the

Swink Electric, Inc., has just developed a solar panel capable of generating
200 percent more electricity than any solar panel currently on the market. As a
result, Swink is expected to experience a 15 percent annual growth rate for the
next five years. When the five-year period ends, other firms will have developed
comparable technology, and Swinks growth rate will slow to 5 percent per year
indefinitely. Stockholders require a return of 12 percent on Swinks stock.
The firms most recent annual dividend (D0), which was paid yesterday, was
$1.75 per share.Calculate Swink's expected dividends for the next five years and present values of these dividends.Calculate stock price at the end of the 5th year.Calculate stock price today, P0.Calculate the dividend yield (D1/P0), the expected capital gains yield for the current year (Year 1).Draw a graph to show the expected dividends over the next five years

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