Your broker offers to sell you some shares of Bahnsen \& Co. common stock that paid a dividend of $3.00 yesterday, Bahnsen's dividend is expected to grow at 5% per year for the next 3 years. If you buy the stock, you plan to hold it for 3 years and then sell it. The appropriate discount rate is 11%6. a. Find tige expected dividend for each of the next 3 years; that is, calculate D1,D2, and D3. Note that Do =53.00. Do not round intermediate calcuiaticns. Round your answers to the nearest cent. D1=$D2=$D3=$ b. Given that the first dividend payment will occur 1 year from now, find the present value of the dividend stream; that is, calculate the PVs of Di, Dy, and Dy, and then sum these PVs. Do not round intermediate calculations. Round your answer to the nearest cent. $ c. You expect the price of the stock 3 years from now to be $60.78; that is, you expect P3 to equal $60.78. Discounted at an 11% rate, what is the present value of this expected future stock price? In other words, calculate the PV of $60.78. Do not round intermediate calculations, Mound your answer to the nearest cent. $ d. If you plan to buy the stock, hold it for 3 years, and then sell it for $60.78, what is the most you should pay for it today? Do not round intermediate calculations, Round your answer to the nearest cent. 5 e. Use equation below to calculate the present value of this stock. P^0=rygD0(1+ti)=rsgD1 Assume that g=5% and that it is constant. Do not round intermedeate calculations. Round your answer to the nearest cent