Taussig Technologies Corporation (TTC) has been growing at a rate of 17% per year in recent years. This same growth rate is expected to last for another 2 years, then decline to g_n = 8%.

a. If D₀ = $2.70 and r_s = 12.00%, what is TTC's stock worth today? Round your answer to the nearest cent. Do not round your intermediate calculations.

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

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

b. What will TTC's dividend and capital gains yields be once its period of supernormal growth ends? (Hint: These values will be the same regardless of whether you examine the case of 2 or 5 years of supernormal growth; the calculations are very easy.) Round your answers to two decimal places.