MFG has been growing at a rate of 25% per year in recent years. This same growth rate is expected to last for another 2 years, then decline to gn = 7%.
If D0 = $1.60 and rs = 10%, what is TTC's stock worth today? Round your answer to the nearest cent.
$ fill in the blank 2
per share
What are its expected dividend, and capital gains yields at this time, that is, during Year 1? Round your answers to two decimal places.
Dividend yield:
%
Capital gains yield:
%