The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to answer the questions below. Do not round intermediate calculations.

Download spreadsheet Nonconstant Growth and Corporate Valuation$-46870$a$.$xIsx

a$.$ If $D_0=$$$1\mathrm{.}40$ and $r_s=9\%,$ what is TTC$\text{'}$s stock worth today? Round your answer to the nearest cent.

$ per share

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:

$\%$

b$.$ Now assume that TTC$\text{'}$s period of supernormal growth is to last for $5$ years rather than $2$ years. How would this affect the price, dividend yield, and capital gains yield? Round your answer for the price to the nearest cent and for the dividend yield and capital gains yield to