Ch 09: Assignment - Stocks and Their Valuation X 9. SRS ar con pay Givinos yer A-Z Goodwin Technologies, a relatively young company has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $4.75000 dividend at that time (D. - $4.75000) and believes that the dividend will grow by 24.70000% for the following two years (D. and D.). However, after the ninth year, she expects Goodwin's dividend to grow at constant rate of 4.20000% per year. Goodwin's required return is 14.00000%. Fill in the following chart to determine Goodwin's horizon value at the horizon date (when constant growth begins) and the current intrinsic value. To Increase the scoacy of your calculations, do not round your intermediate calculations, but round all final answers to two decimal places Term Value Ited Horizon value Current intrinsic value Ansuring that the markets are in equilibrium, Goodwin's current expected dividend yield is and Goodwin's capital gains yield is Godwin has been very best, ut it hasn't and a dividend yet. It creates a report to its way trivestors containing the following statement Goodwintas a large selection of profitable investment opportunities Is this Matement Plantion for the manad dividend vet! answers to two decimal places A-Z Value Term Horizon Value Current intrinsic value and Goodwin's capital gains yield is Assuming that the markets are in equilibrium, Goodwin's current expected dividend yield is Goodwin has been very successful, but it hasn't bold a dividend yet. It circulates a report to its key investors containing the following statement: ted Goodwin has a large selection of profitable investment opportunities is missement pouble explanation for why the firm hasn't paid a dividend yet? NO Grade it Now Save A Continue Continue without sama 30 HE 888 id *** AS II FO 11 $ 1 3 % 5 & 7 6 * 8 9 0 OF delete