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 stock price 3 years from now? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

d. 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	$0.00	$0.00	$0.00