Q3 After a thorough research done using top down fundamental analysis on Maxim Corp., you predicted that for the next three years the company's dividend policy will be as following: Year Projected dividend 1 $0.20 2 $0.30 3 $0.40 Additionally, you projected that beginning third year, the dividend will grow at an 8 percent rate indefinitely. If your required return is 15 percent, compute: a. The appropriate price of the company shares today. (3 marks) b. The price at year 1, 2 and 3. (4 marks) c. The dividend yield and capital gains yield in each of the first four years. What do you observe regarding the yields? (9 marks)