Need formulas and all work shown

3. Equity (Stock) Valuation: You are doing a valuation the stock of Big Taco Inc a Mexican fast food company. You believe that Big Taco will pay an annual dividend next year of $5.25. After that first year, you believe that Big Taco will increase the dividend by 15%, then by 10%, then by 7%, and then by 5%. The following year and forever, you expect the dividend to stay equal to the dividend paid att - 5 every year in the future. Assume a 14% discount rate for this question. a. Make a column in Excel of the dividends until the dividend growth is constant. b. Compute the expected price of the stock today (PO). c Compute the expected price of the stock at time 1 (P1). d. Compute the expected dividend yield, capital gains yield and total one-year holding period return over the stock in the first year