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Taussig Technologies Corporation (TTC) has been growing at a rate of 50% per year in recent years. This same supernormal growth rate is expected to
Taussig Technologies Corporation (TTC) has been growing at a rate of 50% per year in recent years. This same supernormal growth rate is expected to last for another 2 years (g1=g2=50%). If D0=$2, rs=13%, and gL=8%, then what is TTCs stock worth today? If TTCs period of supernormal growth is to last another 5 years rather than 2 years, how would this affect its dividend yield and capital gains yield?
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