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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
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 ValuationaxIsx
a If $ and what is TTCs 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 Round your answers to two decimal places.
Dividend yield:
Capital gains yield:
b Now assume that TTCs period of supernormal growth is to last for years rather than 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
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