Better Mousetraps has come out with an improved product, and the
world is beating a path to its door. As a result, the firm projects
growth of 18% per year for 4 years. By then, other firms will have
copy technology, competition will drive down profit margins, and
the sustainable growth rate will fall to 3%. The most recent annual
dividend was DIV0=$1.2 per share
a)What are the expected values of (i) DIV1, (i) DIV2, (i) DIV3,
(i) DIV4?
b)What...