Question: CAN SOMEONE PLEASE ANSWER THESE STEP BY STEP! Problems 9-11 are based on the following information: Consider a stock that will pay a $2 dividend

 CAN SOMEONE PLEASE ANSWER THESE STEP BY STEP! Problems 9-11 are

CAN SOMEONE PLEASE ANSWER THESE STEP BY STEP!

Problems 9-11 are based on the following information: Consider a stock that will pay a $2 dividend per year for 10 years (from T1 till t=10) after which the dividends are expect to increase at the constant growth rate of 3% per year (so, at=11 the dividend will be 2*1.03=$2.06, at t=12 it will be 2.06*1.03, etc.) and the required return on the stock is 11% Problem 9: Find the stock price today. Problem 10: Find the capital gain yield during the first year: Problem 11: Find the dividend yield during the 15th year

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