Assume that Temp Forces dividend is expected to experience nonconstant growth of 30% from Year...
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Assume that Temp Forces dividend is expected to experience nonconstant growth of 30% from Year 0 to Year 1, 25% from Year 1 to Year 2, and 15% from Year 2 to Year 3. After Year 3, dividends will grow at a constant rate of 6%.
1)What is the stocks value under these conditions?
2)What are the expected dividend yield and capital gains yield during the first year?
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