Question: Suppose Bon Temps is expected to experience zero growth during the first 3 years and then resume its steady-state growth of 6% in the fourth

Suppose Bon Temps is expected to experience zero growth during the first 3 years and then resume its steady-state growth of 6% in the fourth year. What would be its value then? What would be its expected dividend and capital gains yields in Year 1? In Year 4?

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