Question: Please answer the horizon value, current intrinsic value, expected dividend yield, and expected capital gains yield, and the no or yes question. PLEASE show your

 Please answer the horizon value, current intrinsic value, expected dividend yield,

and expected capital gains yield, and the no or yes question. PLEASE

show your work Goodwin Technologies, a relatively young company, has been wildly

successful but has yet to pay a dividend. An analyst forecasts that

Please answer the horizon value, current intrinsic value, expected dividend yield, and expected capital gains yield, and the no or yes question. PLEASE show your work

Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $2.50000 dividend at that time ( D3=$2.50000) and believes that the dividend will grow by 13.00000% for the following two years (D4 and D5). However, after the fifth year, she expects Goodwin's dividend to grow at a constant rate of 3.66000% per year. Goodwin's required return is 12.20000%. Fill in the following chart to determine Goodwin's horizon value at the horizon date (when constant growth begins) and the current intrinsic value. To increase the accuracy of your calculations, do not round your intermediate calculations, but round all final answers to two decimal places. 6. Stocks that don't pay dividends yet Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $2.50000 dividend at that time (D3=$2.50000) and believes that the dividend will grow by 13.00000% for the following two years ( D4 and D5 ). However, after the fifth year, she expects Goodwin's dividend to grow at a constant rate of 3.66000% per year. Goodwin's required return is 12.20000%. Fill in the following chart to determine Goodwin's horizon value at the horizon date (when constant growth begins) and the current intrinsic value. To increase the accuracy of your calculations, do not round your intermediate calculations, but round all answers to two decimal places. If investors expect a total re $27.943.20%, what will be Goodwin's expected dividend and capital gains yield in two years-that is, the year before the firm begins paying divid $27.14 ain, remember to carry out the dividend values to four decimal places. (Hint: You are at year 2 , and the first dividend is expected to be f end of the year. Find DY3 and CGY3. ) Expected dividend yield (DY3) Expected capital gains yield (CGY3) Expected dividend yield (DY3) Expected capital gains yield (CGY3) Goodwin has been very successful, but it 8.19%d a dividend yet. It circulates a report to its key investors containing the following statement: \begin{tabular}{|l|} \hline 10.41% \\ \hline Goodwin has yet to record a profit ( p \\ \hline \end{tabular} income). Is this statement a possible explanation for why the firm hasn't paid a dividend yet? No Yes Expected dividend yield (D3) Expected capital gains yield (CGY3) Goodwin has been very successful, but it d a dividend yet. It circulates a report to its key investors containing the following statement: Is this statement a possible explanation for why the firm hasn't paid a dividend yet? No Yes

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