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Need help with year 2 &3 Integrated Potato Chips just paid a $1 per share dividend. You expect the dividend to grow steadily at a

image text in transcribedNeed help with year 2 &3

Integrated Potato Chips just paid a $1 per share dividend. 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? b. If the discount rate for the stock is 12%, at what price will the stock sell? 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 (i) year 1; (ii) year 2; (iii) 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. Req A Req B and C Req D Reg E What is the present value of the stream of payments you found in part (d)? (Do not round intermediate calculations Round your answers to 2 decimal places.) Year 1 Year 2 Year 3 PV of cash flow $ 1.00 $ 2.04 $ 43.70

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