Question: rate is expected to last only for another 2 years (g0,1=g1,2=29%). After Year 2, the growth rate will stabilize at gL=8%. a. What is CCC's

rate is expected to last only for another 2 years (g0,1=g1,2=29%).

rate is expected to last only for another 2 years (g0,1=g1,2=29%). After Year 2, the growth rate will stabilize at gL=8%. a. What is CCC's stock worth today? Do not round intermediate calculations. Round your answer to the nearest cent. b. What is the expected stock price at Year 1? Do not round intermediate calculations. Round your answer to the nearest cent. $ c. What is the Year 1 expected (1) dividend yield, (2) capital gains yield, and (3) total return? Do not round intermediate calculations. Round your answers to two decimal places. Dividend yield: % Capital gains yield: % Total return: % Dividend yield: % Capital gains yield: % Total return: %

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