Taussig Technologies Corporation $($TTC$)$ has been growing at a rate of $16\%$ per year in recent years. This same growth rate is expected to last for another $2$

years, then decline to $g_n=6\%.$

a$.$ If $D_0=$$$2\mathrm{.}10$ and $r_s=13\%,$ what is TTC$\text{'}$s stock worth today? Do not round intermediate calculations. Round your answer to the nearest cent.

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What is its expected dividend yield at this time, that is$,$ during Year $1?$ Do not round intermediate calculations. Round your answer to two decimal

places.

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What is its capital gains yields at this time, that is$,$ during Year $1?$ Do not round intermediate calculations. Round your answer to two decimal places.

$\%$ Brandtly Industries invests a large sum of money in R&D; as a result, it retains and reinvests all of its earnings. In other words, Brandtly does not pay any

dividends, and it has no plans to pay dividends in the near future. A major pension fund is interested in purchasing Brandtly's stock. The pension fund

manager has estimated Brandtly's free cash flows for the next $4$ years as follows: $$4$ million, $$7$ million, $$8$ million, and $$13$ million. After the fourth year,

free cash flow is projected to grow at a constant $3\%.$ Brandtly's WACC is $11\%,$ the market value of its debt and preferred stock totals $$44$ million, the firm

has $$14$ million in nonoperating assets, and it has $24$ million shares of common stock outstanding.

a$.$ What is the present value of the free cash flows projected during the next $4$ years? Do not round intermediate calculations. Round your answer to the

nearest dollar. Write out your answers completely. For example, $13$ million should be entered as $13,000,000.$

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b$.$ What is the firm's horizon, or continuing, value? Round your answer to the nearest dollar. Write out your answers completely. For example, $13$ million

should be entered as $13,000,000.$

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c$.$ What is the market value of the company's operations? Do not round intermediate calculations. Round your answer to the nearest dollar. Write out your

answers completely. For example, $13$ million should be entered as $13,000,000.$

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What is the firm's total market value today? Do not round intermediate calculations. Round your answer to the nearest dollar. Write out your answers

completely. For example, $13$ million should be entered as $13,000,000.$

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d$.$ What is an estimate of Brandtly's price per share? Do not round intermediate calculations. Round your answer to the nearest cent.