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Integrated Potato Chips just paid a $ 2 . 1 per share dividend. You expect the dividend to grow steadily at a rate of 6
Integrated Potato Chips just paid a $ per share dividend. You expect the dividend to grow steadily at a rate of per year.
a What is the expected dividend in each of the next years?
b If the discount rate for the stock is at what price will the stock sell today?
c What is the expected stock price years from now?
d If you buy the stock and plan to sell it years from now, what are your expected cash flows in i year ; ii year ; iii year
e What is the present value of the stream of payments you found in part dtableReqB and Req D
What is the present value of the stream of payments you found in part d
Note: Do not round intermediate calculations. Round your answers to decimal places.
tableYear Year Year PV of cash flow,,,
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