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Tattletale News Corp. has been growing at a rate of 20% per year, and you expect this growth rate in earnings and dividends to continue

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Tattletale News Corp. has been growing at a rate of 20% per year, and you expect this growth rate in earnings and dividends to continue for another 3 years. The last dividend paid was $12. The discount rate is 25% and the steady growth rate after 3 years is 3%. a. What is the capital gain in stock price from year O to year 1 (Do not round intermediate calculations. Enter your answer as a dollar amount rounded to 3 decimal places.) Capital gain b. Calculate the expected rate of return. (Do not round intermediate calculations. Round your answer to the nearest whole percent.) Expected rate of return

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