Urban Drapers has a sister company named Super Carpeting Inc. $($SCI$).$ SCI just paid a dividend $(D_0)$ of $$3\mathrm{.}12$ per share, and its annual dividend is

expected to grow at a constant rate $(g_L)$ of $6\mathrm{.}50\%$ per year. If the required return $(r_S)$ on SCI's stock is $16\mathrm{.}25\%,$ then the intrinsic value of SCI's

shares is per share. $($Note: Do not round intermediate calculations. Round your final answer to two decimal places.$)$

Which of the following statements is true about the constant dividend growth model?

The constant growth model can be used if a stock's expected constant growth rate is less than its required return.

The constant growth model can be used if a stock's expected constant growth rate is more than its required return.

Use the constant dividend growth model to calculate the appropriate values to complete the following statements about Super Carpeting Inc.:

If SCI's stock is in equilibrium, the current expected dividend yield on the stock will be approximately

per share.

SCI's expected stock price one year from today will be approximately

per share.

If SCI's stock is in equilibrium, the current expected capital gains yield on SCI's stock will be approximately

per share.