Question: Trying to learn how to do it in excel specifically so please show functions! The current stock price of TransContinentalAirways is $65 per share. TCA

Trying to learn how to do it in excel specifically so please show functions!Trying to learn how to do it in excel specifically so please

The current stock price of TransContinentalAirways is $65 per share. TCA currently pays an annual per-share dividend of $3. Over the past 5 years this dividend has grown annually at a rate of 23%. A respected analyst assumes that the current growth rate of dividends will hold up for the next 5 years, after which dividend growth will slow to 5% annually. Use the twostagegordon function to compute the cost of equity.2

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