(b) Barbie Inc. pays a dividend of $8 per year. This dividend is expected to grow at a constant rate of 4%. If the expected rate of return on the stock is 8%, then the price of the stock is: (c) BMM Industries pays a dividend of $2 per quarter. The dividend yield reported on its stock is 4.8%. What is the price of the stock? (a) Integrated Potato Chips paid \$1 per share dividend yesterday. You expect the dividend to grow at a rate of 4% per year. (i) What is the expected dividend in each of the next three years? (ii) If the discount rate is 12%, at what price will the stock sell? (iii) What is the expected stock price after three years