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3. Calculate Caterpillar's expected return for 2019 using the sustainable growth rate and the dividend discount model. Given the price per share for 2020, how
3. Calculate Caterpillar's expected return for 2019 using the sustainable growth rate and the dividend discount model. Given the price per share for 2020, how well did the expected return from 2019 predict the current price? 15 points 3. Calculate Caterpillar's expected return for 2019 using the sustainable growth rate and the dividend discount model. Given the price per share for 2020, how well did the expected return from 2019 predict the current price? 15 points
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