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Business, 22.07.2020 01:01 SoUpsup

Integrated Potato Chips just paid a $2.7 per share dividend. You expect the dividend to grow steadily at a rate of 6% per year. Required:
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 today?
c. What is the expected stock price 3 years from now?

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Integrated Potato Chips just paid a $2.7 per share dividend. You expect the dividend to grow steadil...

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