The Duo Growth Company just paid a dividend of $$1\mathrm{.}00$ per share. The dividend is expected to grow at a rate of $24\%$ per year for th next three years and then to level off to $5\%$ per year forever. You think the appropriate market capitalization rate is $19\%$ per year.

Required:

a$.$ What is your estimate of the intrinsic value of a share of the stock?

Note: Use intermediate calculations rounded to $4$ decimal places. Round your answer to $2$ decimal places.

b$.$ If the market price of a share is equal to this intrinsic value, what is the expected dividend yield?

Note: Use intermediate values rounded to $2$ decimal flaces. Round your answer to $2$ decimal places.

c$.$ What do you expect its price to be one year from now?

Note: Use intermediate values rounded to $4$ decimal places. Round your answer to $2$ decimal places.

d$-1.$ What is the implied capital gain?

Note: Use intermediate values rounded to $2$ decimal places. Round your answer to $4$ decimal places.

d$-2.$ Is the implied capital gain consistent with your estimate of the dividend yield and the market capitalization rate?