Question: Please show all work, without excel. PROBLEM 2 (20 MARKS) Venture Inc. is a new newly listed young firm that is going through an explosive

Please show all work, without excel.
PROBLEM 2 (20 MARKS) Venture Inc. is a new newly listed young firm that is going through an explosive growth phase. The company expects to pay a $2.68 dividend at the end of the year. The dividend will grow at 22% for the next 3 years, and at 14% for the following 2 years, and then stabilizing at a normal growth rate of 45% after that a If the stock has a required retum of 19.5%, what is the current price per share of the stock? Show your work (10 marks). h What is the expected market price of the share in one year? Show your work (6 marks). c. Calculate the expected dividend yield and capital gains yield expected at the end of the first year. Show your work (4 marks)
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