Question: Given the information in the table, what is the dividend yield from t=0 to t=1? Todays Dividend $3.95 Discount Rate 5.16% Growth rate in dividends

Given the information in the table, what is the dividend yield from t=0 to t=1?

Todays Dividend

$3.95

Discount Rate

5.16%

Growth rate in dividends 0 to 1

7.08%

Growth rate in dividends 1 to 2

9.52%

Growth rate in dividends 2 to 3

6.15%

Growth rate in dividends 3 onward

3.22%

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