Intro IBM just paid an annual dividend of $2.8 per share. The dividend is expected to grow by 1% per year. The required rate of return is 12%. Part 1 IB Attempt 1/10 for 10 pts. By DDM/Gordon growth model, what is the price to sell the stock in 3 years? 1+ decimals Submit Part 2 IB Attempt 1/10 for 10 pts. If you buy the stock today, hold it, sell it in 3 years at the price computed in Part 1, what is the present value of all cashflows (D, D2, D3, P3) you receive? 1+ decimals Submit IB Attempt 1/10 for 10 pts. Part 3 By Gordon growth model, what is the current stock price? How does your answer here compare to Part 2, what do you figure? 1+ decimals