Integrated Potato Chips paid a $2.70 per share dividendyesterday. You expect the dividend to grow steadily at a rate of 6% per year.
What is the expected dividend in each of the next 3 years?(Do not round intermediate calculations. Round your answers to 2 decimal places.)
If the discount rate for the stock is 10%, at what price will the stock sell?(Do not round intermediate calculations. Round your answer to 2 decimal places.)
What is the expected stock price 3 years from now?(Do not round intermediate calculations. Round your answer to 2 decimal places.)
If you buy the stock and plan to hold it for 3 years, what payments will you receive? What is the present value of those payments?(Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 2 decimal places.)
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here