Q4 Taussig Technologies Corporation (TTC) has been growing at a rate of
20%
per year in recent years. This same growth rate is expected to last for another 2 years, then decline to
g=6%
. If
D_(0)=$1.60
and
r_(s)=10%
, what is TTC's stock worth today? What are its expected dividend and capital gains yields at this time during Year 1?