Integrated Potato Chips just paid a $1.9 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 (1) year 1; (ii) year 2; (ii) 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. Req A Req B and C Req D ReqE What is the expected dividend in each of the next 3 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Expected Dividend Year 1 Year 2 Year 3 Req A Req B and C ReqD ReqE 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.). b. Current price c. Future price Req A Req B and C Reg D Req E If you buy the stock and plan to sell it 3 years from now, what are your expected cash flows in (i) year 1; (ii) year 2; (iii) year 3? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Year 1 Year 2 Year 3 Dividend Sale of stock Total cash flow Req A Req B and C ReqD ReqE What is the present value of the stream of payments you found in part (d)? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Year 1 Year 2 Year 3 PV of cash flow