Question: Given the information in the table, what is the dividend yield from t=0 to t=1? Todays Dividend $3.32 Discount Rate 6.96% Growth rate in dividends

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

Todays Dividend

$3.32

Discount Rate

6.96%

Growth rate in dividends 0 to 1

6.92%

Growth rate in dividends 1 to 2

8.00%

Growth rate in dividends 2 to 3

9.02%

Growth rate in dividends 3 onward

3.34%

Given the information in the table, what is TODAYs price of the stock?

Todays Dividend

$3.02

Discount Rate

6.72%

Growth rate in dividends 0 to 1

9.78%

Growth rate in dividends 1 to 2

7.29%

Growth rate in dividends 2 to 3

3.88%

Growth rate in dividends 3 onward

4.59%

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