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Connie Marie wilkin. Problem 9.17 Your broker omers to sell you some shares of Bahnsens co common stok that dividend reste Bahnsen's didendisepe ted to

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Connie Marie wilkin. Problem 9.17 Your broker omers to sell you some shares of Bahnsens co common stok that dividend reste Bahnsen's didendisepe ted to ow per yea for the net 3 rears. If you buy the stock, vou plan to hold for 3 years and then sel The appropriated count rate a. Find the expected dividend for each of the next 3 years that is calculate o Da and D Note that De sz 50. Round your answer tathe nearest cent, b. Given that the first dividend payment wil occur 1 year from now find the prevent value of the dividend stream: that is calaulate the Pvs ofD and D and then sum these Round your answer to the nearest cent Do not round your intermediate caloulations You expect the price of the stock 3 years from now to be s163 ss: that is, you expect Pato equals16ass Discounted at a rate, what is the present value of this pected fuure stock price? In other words, calo late the ov ofs163 85. Round nour answer tothe nearest cent, Do tot round your intermedate calculations. the nearert omt. Do not found d. If you plan to buy the stock, hold it for years and then se for s163ss what is the most rau should forRtoday Round your answer to pay e, use equation below to calculate the present value of this stod. cert Assume that o 7 and that it is constant. Do not round intermediate calculations. Found answer tether arest

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