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Integrated Potato Chips just paid a $1.6 per share dividend. You expect the dividend to grow steadily at a rate of 4% per year. a.

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Integrated Potato Chips just paid a $1.6 per share dividend. You expect the dividend to grow steadily at a rate of 4% per year. a. What is the expected dividend in each of the next 3 years? b. If the discount rate for the stock is 12%, at what price will the stock sell today? c. What is the expected stock price 3 years from now? d. If you buy the stock and plan to sell it 3 years from now, what are your expected cash flows in year 1:0 year 2 (0 year 3? e. What is the present value of the stream of payments you found in part (d)? Complete this question by entering your answers in the tabs below. Reg A ReqB and Reg D Rege If the discount rate for the stock is 12%, at what price will the stock sell today and what is the expected stock price 3 years from now? (Do not round Intermediate calculations. Round your answers to 2 decimal places.) s 13.00 b. Current price c. Future price

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