Question: . Now consider TECD's conunon stock. Value Line estimates TECU's 5-year dividend grth rate to be 6.0%. Assume that TECD's stock is currently trading for

. Now consider TECD's conunon stock. Value Line estimates TECU's 5-year

. Now consider TECD's conunon stock. Value Line estimates TECU's 5-year dividend grth rate to be 6.0%. Assume that TECD's stock is currently trading for $22.26. Assume for now that the 6.0% growth rate is expected to continue indefinitely. a. 1What is TECD's expected rate of return? {D1 = $1.80} b. 1What is the expected dividend yield and expected capital gains yield? c. What happens to dividend yield and capital gains yield over time under constant growth assumptions

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