$($c$)$ Smart Computer Limited is experiencing a period of rapid growth. Earnings and dividends

are expected to grow at a rate of $15\%$ during the next $2$ years, at $13\%$ in the third year, and

at a constant rate of $6\%$ thereafter. Smart's last dividend was Tk$.1\mathrm{.}15,$ and the required rate

of return on the stock is $12\%.$

Required:

$($i$)$ Calculate the value of the stock today, one year from now and two years from now.

$($ii$)$ Calculate the dividend yield and capital gains yield for Years $1,2,$ and $3.$