Integrated Potato Chips paid a $1 per share dividend yesterday. 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? (Round your answers to the nearest cent.) $ 1.04 D1 D2 D3 $ 1.08 $ 1.12 b. If the discount rate for the stock is 12%, at what price will the stock sell? (Do not round intermediate calculations. Round your answer to the nearest dollar.) Stock price $ 13 c. What is the expected stock price 3 years from now? (Round your intermediate calculations to 4 decimal places. Round your final answer to the nearest cent.) Expected stock price 14.62 d-1. If you buy the stock and plan to hold it for 3 years, what payments will you receive? (Do not round intermediate calculations. Round your answers to the nearest cent.) Year 1 Year 2 Year 3 Total cash flow $ 0.93 $ 0.86 $ 0.80 d-2. What is the present value of those payments? (Do not round intermediate calculations. Round your answer to the nearest dollar.) Present value $ 3 X