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Need help wiyh part D and E Company Z just paid a $2.0 per share dividend. You expect the dividend to grow steadily at a

Need help wiyh part D and E image text in transcribed
Company Z just paid a $2.0 per share dividend. You expect the dividend to grow steadily at a rate of 5% per year. a. What is the expected dividend in each of the next 3 years? Year 1 = 2.10 Year 2= 2.21 Year 3=2.32 b. If the discount rate for the stock is 11%, at what price will the stock sell today? 35.00 c. What is the expected stock price 3 years from now? 40.52 D. if you buy the stock and plan to sell it 3 years from now, what are your expected cash flows in ( year 1; (ii) year 2; (iii) year 3? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Year one Year two Year three Divided Sale of stock Cash flow total 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.) PV of cash flow Year 1? Year 2? I Year 3

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