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The Yang Corporation announced it will pay a $1.80 next year. Subsequent dividends are expected to grow at an annual rate of 7.00 percent. The

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The Yang Corporation announced it will pay a $1.80 next year. Subsequent dividends are expected to grow at an annual rate of 7.00 percent. The market required rate of return for Yang common stock is 12.00 percent a. What is the current value of a share of Wang stock to investor who plans to hold the stock forever? b. What is the current value of a share of Wang stock to an investor who plans to hold the stock for only 2 years

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