In: Finance
Given the information in the table, what is the dividend yield from t=0 to t=1?
Today’s Dividend $3.42
Discount Rate 7.62%
Growth rate in dividends 0 to : 6.27%
Growth rate in dividends 1 to 2: 9.85%
Growth rate in dividends 2 to 3: 5.10%
Growth rate in dividends 3 onward: 4.60%