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Taussig Technologies Corporation (TTC) has been growing at a rate of 20% per year in recent years. This same growth rate is expected to last
Taussig Technologies Corporation (TTC) has been growing at a rate of 20% per year in recent years. This same growth rate is expected to last for another 3 years, then to decline to gn = 6%. a. If D0 = $1.60 and rs = 10%, what is TTC's stock worth today? What are its expected dividend and capital gains yields at this time, that is, during Year 1?
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