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Integrated Potato Chips just paid a $3.0 per share dividend. You expect the dividend to grow steadily at a rate of 6% per year. a.

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Integrated Potato Chips just paid a $3.0 per share dividend. You expect the dividend to grow steadily at a rate of 6% per year. a. What is the expected dividend in each of the next 3 years? b. If the discount rate for the stock is 10%, 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; (1) year 2: (i) 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. degt Reg D Req Reg B and C part (d)? (Do not round Intermediate calculations. Round What is the present value of the stream of payments you found your answers to 2 decimal places.) Year 2 Year 1 Year 3 PV of cash flow

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