Question: How to calculate DDM Dividend discount model using this data? the yield to maturity is issued at 1996 and the maturity is 2021 currently this

How to calculate DDM Dividend discount model using this data? the yield to maturity is issued at 1996 and the maturity is 2021 currently this data is for july 2001

Historic beta
1996 0.95
1997 0.82
1998 0.82
1999 0.62
2000 0.81
YTD(2001) 0.61
Average 0.7

UK historical equity premiums

Geometric mean 5.30%
Arithmetic mean 7.20%
Consensus EPS estimates
Fiscal year2002 2.31
Fiscal Year 2003 2.66

Current Yield on UK Treasury
3 months 3.58%
6 months 3.58%
1 year 3.58%
5 year 4.87%
10 year 5.38%
20 year 5.73%

Current yield on Debt
coupon (semi-annual) 6.74%
Issued 7/14/96
Maturity 7/14/21
Current price 95.50

Dividend history payment date and forecast
year quarter 1 quarter 2 quarter 3 quarter 4 total
1997 0.11 0.11 0.11 0.11 0.44
1998 0.12 0.12 0.12 0.12 0.48
1999 0.12 0.12 0.12 0.12 0.48
2000 0.12 0.12 0.12 0.12 0.48
2001 0.12 0.12 0.12 0.12 0.48

value line forecast from 1998/2000 to 2004-2006- 5.40%

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