Question: Todds turtles is expected to increase dividends by 1 8 % in year 1 and by 1 2 % in year 2 . After that,

Todds turtles is expected to increase dividends by 18% in year 1 and by 12% in year 2. After that, dividends will increase at a rate if 4% per year indefinitely. The last paid dividend was $1.00 and the required rate of return is 10%. This is an example of ____. According to this model, the price of this stock in year 2 should be ____ and the price of this stock today (year 0) should be ____

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