Taussig Technologies Corporation $($TTC$)$ has been growing at a rate of $20\%$ per year in recent years. This same growth rate is expected to last for another $2$ years, then to decline to gn $=6\%.$

a$.$ If D$0=$ $$1\mathrm{.}60$ and rs $=10\%,$ what is TTC$\text{'}$s stock worth today? What are its expected dividend and capital gains yields at this time, during Year $1?$

b$.$ Now assume that TIC's period of supernomal growth is to last for $5$ years rather than $2$ years. How would this affect the price, dividend yield, and capital gains yield?

c$.$ What will TTC$\text{'}$s dividend and capital gains yirleds be once its period of supernormal growth ends? $($Hint : These values will be the same regardless of whether you examine the case of $2$ or $5$ years of supernormal growth; the calculations are very easy$)$

d$.$ Of what interest to investors is the changing relationship between dividend and capital gains yields over time?