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Varigrowth Inc. just paid a dividend of $2.92 (1.e., Do = $2.92). Such dividend is expected to grow by 15% per year for the next

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Varigrowth Inc. just paid a dividend of $2.92 (1.e., Do = $2.92). Such dividend is expected to grow by 15% per year for the next 3 years, after which it is expected to grow at a long-run rate of 5%. Assuming investors require a 13% return on the stock, a) What is the price at t-3? $(to the nearest cent) b) What is its price today? $(to the nearest cent) c) What is your total rate of return (% to two decimals) if in one year the price is $48.73 and the dividend is $3.457% What is your dividend yield?% What is your capital gain (loss) yield? %

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