IBM just paid an annual dividend of $3 per share. The dividend is expected to grow by 4% per year. The required rate of return is 12%. Part 1 Attempt 1/10 for 10 pts. By DDM/Gordon growth model, what is the price to sell the stock in 3 years? 1+ decimals Submit Part 2 BAttempt 1/10 for 10 pts. If you buy the stock today, hold it, sell it in 3 years at the price computed in Part 1, what is the present value of all cashflows (D1, D2, Ds. Ps) you receive? 0+ decimals Submit Part 3 BAttempt 1/10 for 10 pts. By Gordon growth model, what is the current stock price? How does your answer here compare to Part 2, what's your finding/insight? Part 3 BAttempt 1/10 for 10 pts. By Gordon growth model, what is the current stock price? How does your answer here compare to Part 2, what's your finding/insight? 0+ decimals Submit