Dividend Discount Model. ABC company just paid a $1 per share dividend. You expect the dividend to grow steadily at a rate of 6% per year. (Round to two decimal places) a. What is the expect dividend in each of the next 3 years? (6 points) b. If the discount rate for stock is 13%, at what price will the stock sell? (6 points) c. What is the expect stock price 3 years from now? (6 points) d. If you buy the stock and plan to sell it 3 years from now, what are you expected cash flows in (i) year 1; (ii) year 2; (iii) year 3? (6 points) e. What is the present value of the stream of payments you found in part (d)? Compare your answer to part (b). (6 points)