Your broker offers to sell you some shares of Bahnsen & Co. common stock that paid a dividend of $1.25 yesterday. Bahnsen's dividend is expected to grow at 8% 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 13% a. Find the expected dividend for each of the next 3 years; that is, calculate D1, D2, and D3. Note that Do $1.25. Do not round Intermediate calculations. Round your answers to the nearest cent D = $ D = $ D-5 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 D, D2, and Ds, and then sum these PVs. Do not round intermediate calculations. Round your answer to the nearest cent $ You expect the price of the stock 3 years from now to be $34.01; that is, you expect Ps to equal $34.01. Discounted at a 13% rate, what is the present value of this expected future stock price? In other words, calculate the PV of $34.01. Do not round intermediate calculations. Round your answer to the nearest cent d. If you plan to buy the stock, hold it for 3 years, and then sell it for $34.01, what is the most you should pay for it today? Do not round intermediate calculations. Round your answer to the nearest cent S e. Use equation below to calculate the present value of this stock. Dull+ P D Au Assume that 90% and that it is constant. Do not round intermediate calculations. Round your answer to the nearest cent $ * * *