Question: Please solve without using excel Q.1 (10 marks) a. Taussig Technologies Corporation (TTC) has been growing at a rate of 20 percent per year in

Please solve without using excel

Please solve without using excel Q.1 (10 marks) a. Taussig Technologies Corporation

Q.1 (10 marks) a. Taussig Technologies Corporation (TTC) has been growing at a rate of 20 percent per year in recent years. This same growth rate is expected to last for another 2 years, then to decline to constant growth of 6%. If DO is $1.60 and Ke is 10%, what is TTC's stock worth today? What are its expected dividend and capital gains yields at this time, that is, during Year 1? (5 marks) b. A share of preferred stock for the Buford Pusser Baseball Bat Company just sold for $100 and carries an $8 annual dividend. What is the yield on this stock? Now assume that this stock has a call price of $110 in five years, when the company intends to call the issue

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