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Business, 27.11.2019 21:31 tami5

Turbo technology computers is experiencing a period of rapid growth. earnings and dividends are expected to grow at a rate of 15% during the next two years, at 13% in the third year, and at a constant rate of 6% thereafter. turbo’s last dividend was $1.15, and the required rate of return on the stock is 12%.calculate the dividend yield and capital gains yield for years 1, 2, and 3.

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