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years, then decline to Onn=8% a. If D0=$2.10 and rs=11W, what is Tres stock worth today? Do not round intermediate calculations. Round your answer to

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years, then decline to Onn=8% a. If D0=$2.10 and rs=11W, what is Tres stock worth today? Do not round intermediate calculations. Round your answer to the nearest cent. $ What is its expected dividend yield at this time, that is, during Year 1 ? Do not round intermediate calculations. Round your answer to two decimal places. of What is its capital gains ylelds at this time, that is, during Year 17 Do not round intermediate calcuiations. Round your answer to two decimal piaces. % b. Now assume that THC's period of supernormal growth is to last for 5 years rather than 2 years. How would this affect the price, dividend yield, and capital gains yleld? 1. Due to the longer period of supernormal growth, the value of the stock will be higher for each year, The total retum as well as the distribution between dividend yleld and capital gains yieid will differ for the duration of the supernermal growth period. 11. Due to the longer period of supernormal growth, the value of the stock will be higher for each year. The total return as well as the distribution between dividend yleid and capital gains yleld will remain the same for the duration of the supernormal growth period, 111. Due to the longer period of supernormal growth, the value of the stock will be lower for each year. The total return as well as the distribution between dividend yield and capital gains yiesd will differ for the duration of the supernormal growth period. TV. Due to the longer period of supernormal growth, the value of the stock will be higher for each year. Aithough the total refurn will remain the same, the distribution between dividend yleld and capital gains yield will differ for the duration of the supernormal growth period. V. Due to the fonger period of supernomal growth, the value of the stock will be lower for each year. Athough the total retum will remain the same, the distribution between dividend yleld and capital gains yield will differ for the duration of the supernormal growth period. c. What will TTC's dividend and capital gains yields be once its period of supemormal growth ends? (Hinti These values will be the same regardlets of whether. you examine the cave of 2 or 5 years of supernormal growth; the calculations are very easy.) Round your answers to two decimal glaces. Dividend yield: Capital gains yield

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