Suppose we have a stock that most recently paid a dividend of $0.50. You expect...

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Accounting

Suppose we have a stock that most recently paid a dividend of $0.50. You expect the company to
increase the dividend by 35% for the next three years, and then level off to a constant growth rate
of 3%.
a. Find the stock price if the required return is 11%.
b. Trace stock price, dividend yield, and capital gains yield over time if the required return
is 11%
c. Find the implied required return if the stock price is currently $20. do all of this in excel

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