a. Cocost Enterprises expects dividends to grow at 25% per year during the next 2 years, 15% during the 3rd year, 5% during year 4 and then will start declining at 5% per year indefinitely. Stock is currently selling for $28.85 per share, and the required rate of return is 12%. 1. What is the projected dividend for the coming year?

2. If you buy the stock 4 years from today and sell it after keeping for one year what will be the dividend yield, capital gain yield, and the total yield?

b. ShopityTechnologies Limited predicts that the company's earnings and dividends will continue to grow at 16% per year for ___ years, and after that growth will level off at 5% for the indefinite future. Shopity has just paid a dividend of $2 per share and the required rate of return on Shopity stock is 16%. If Shopity stock is currently trading at $41.09 per share, then how many years of 16% per year growth is the market predicting?

used the formula and handwriting style not excel