Question: Please help answer all them, Im not sure if I got the first two right. Thank you 9. Stocks that don't pay dividends yet Goodwin

Please help answer all them, Im not sure if I got the first two right. Thank you  Please help answer all them, Im not sure if I got
the first two right. Thank you 9. Stocks that don't pay dividends

9. Stocks that don't pay dividends yet Goodwin Technologies, a relatively young compamy, 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 $3.2500 dividend at that time (D)" $3.2500) and believes that the dividend wil grow by 16.90% for the following two years (D4 and Ds). However, after the fifth year, she expects Goodwin's dividend to grow at a constant rate of 3.84% per year. Goodwn's required return is 12.80%. Fil in the following chart to determine Goodwin's horizon vaue at the horen date-when constant growth begins-and the current intrinsic value. To increase the accuracy of your calculations carry the dividend values to four decimal places Term Horizon valu Value Current Intrinsic value $12.04 Assuming that the markets are in equilibrium, Goodwin's current expected dividend yield is Goodwin's capital gains yield is , and Goodwin has been very successfur, but it hasn't paid a dividend yet. It oirculates a report to its key investors containing the following statement

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