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 2 years (g₁ = g₂ = 20%).

If D₀ = $2.00, r_s = 10%, and g_n = 5%, what is TTC's stock worth today? What are its expected dividend yield and capital gains yield at this time?

2. Find the expected dividend yield.
Recall that the expected dividend yield is equal to the next expected annual dividend divided by the price at the beginning of the period.
Dividend yield =	D1	/	P0
Dividend yield =		/
Dividend yield =