Question: ABC is concerned about the supply chain issues continue into 2 0 2 3 . Therefore, it announced today that dividends will be zero for

ABC is concerned about the supply chain issues continue into 2023. Therefore, it announced today that dividends will be zero for 2 years. In year 3, it will pay $1.50 per share and grow at 5% per year indefinitely. a. What is the intrinsic price per share after announcement? i. $20.29 ii. $18.28 iii. $22.52 iv. $23.58 v. $22.25 b. What is the dividend yield? i.5% ii.6% iii. 0% iv.7.39% c. What is the expected capital gains yield? i.5% ii.6% iii. 11% iv. Indeterminate d. What is the expected price per share next year? i. $20.29 ii. $18.28 iii. $22.52 iv. $23.58 v. $22.25

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