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ter 6 and chapter 7 Chec Integrated Potato Chips just paid a $16 per share dividend. You expect the dividend to grow steadily at a

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ter 6 and chapter 7 Chec Integrated Potato Chips just paid a $16 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 net 3 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Dividend Year 1 Year 2 Year 3 b. If the discount rate for the stock is 12%, at what price will the stock sell today? (Do not round intermediate calculations. Round your answer to 2 decimal places.) earch

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