Question: could you please answer these with workings 2] Nonconstant Growth. Company Y just paid a dividend of $2.4 per share. The dividend is expected to

could you please answer these with workings

2] Nonconstant Growth. Company Y just paid a dividend of $2.4 per share. The dividend is expected to grow at a rate of 25% per year for the next three years and then to level off to 6% per year forever. The expected rate of retum on this stock is 20%. a. What is the stock price today? Provide full details of your calculations. [5 Marks] b. What is the expected dividend yield? Provide full details of your calculations. [2 Marks] c. What do you expect its price to be one year from now? Provide full details of your calculations. [2 Marks] d. Is the implied capital gain consistent with your estimate of the dividend yield and the expected rate of return? Provide full details of your calculations and explain your answer. [3 Marks]

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