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use exel as a setup Year 1 2 3 Ratio Per Share 0.05 10 0.10 15 0.20 25 The dividends of BlueSky Mines are paid

use exel as a setup
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Year 1 2 3 Ratio Per Share 0.05 10 0.10 15 0.20 25 The dividends of BlueSky Mines are paid at the end of each year. Suppose that after year 3, Infidelity's investment model projects that BlueSky Mines is capable of producing a 10% growth rate in earnings in perpetuity. The analyst also assumes that the payout ratio after year 3 will remain at 20% in perpetuity. Using these assumptions the analyst wishes to back out the implied expected return of the stock using the market price of Blue Sky Mines. BlueSky Mines is currently trading at $100 per share. What is the implied expected return of the stock

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