Given the information in the table, what is the dividend yield from t=0 to t=1? Today’s Dividend $3.08 Discount Rate 6.59% Growth rate in dividends 0 to 1 9.03% Growth rate in dividends 1 to 2 9.56% Growth rate in dividends 2 to 3 6.89% Growth rate in dividends 3 onward 3.50%
Formulae
Formulae as above
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