Goodwin Technologies, a relatively young company has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin likely to pay its first dividend three years from now. She expects Goodwin to pay a $1.50000 dividend at that time (Os = $1.50000) and believes that the dividend wil grow by 7.50000 for the following two years and D.). However, after the firth year the spects Goodwin vidend to grow at constant rate of 3.43000 per year Goodwin' required return is 11.40000 Ft in the following chart to determine Goodwin's horizon value at the horizon date when constant growth begins) and the current intrinse value to increase the couracy of your creations, do not round your intermediate calculations, but round att final answer to two decimal places Term Value Horizon Value Current intrinsic value I investors expect a total return of 12.40, what will be Goodwin's expected dividend and capital gains yield in two years that is, the year before the firm begina paying dividends? Again, remember to carry out the dividend values to four decimal places. (Hint: You are at year 2. and the first dividend is expected to be paid at the end of the year. Find Dy and CGY) Expected dividend yield (DY) Expected capital gains yield (CGY) Expected dividend yield (DY) Expected capital gains yield (COY) Goodwin has been very successful, but it hasn't paid a dividend yet. Itercultates report to its way investors containing the following statement Goodwin has yet to record a profle positive net incoma). 23 Is this statements possible explanation for why the firm hasn't paid a dividend yet? Yes No