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Taussig Technologies Corporation (TTC) has been growing at a rate of 25% per year in recent years. This same growth rate is expected to last

Taussig Technologies Corporation (TTC) has been growing at a rate of 25% per year in recent years. This same growth rate is expected to last for another 2 years, then decline to gn = 5%.

  1. If D0 = $1.30 and rs = 8%, what is TTC's stock worth today? Round your answer to the nearest cent.

    $ ____ per share

  2. What are its expected dividend, and capital gains yields at this time, that is, during Year 1? Round your answers to two decimal places.

    Dividend yield: ____ %

    Capital gains yield: ______%

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