If you buy the stock and plan to sell it 3 years from now, what are...

Transcribed Image Text:

If you buy the stock and plan to sell it 3 years from now, what are your expected cash flows in (i) year 1; (ii) year 2; (iii) year 3? Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Year 1 Year 2 Year 3 Dividend $ 2.60 $ 2.70 $ 2.80 Sale of stock Total cash flow $ 2.60 $ 2.70 $ 2.80 If you buy the stock and plan to sell it 3 years from now, what are your expected cash flows in (i) year 1; (ii) year 2; (iii) year 3? Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Year 1 Year 2 Year 3 Dividend $ 2.60 $ 2.70 $ 2.80 Sale of stock Total cash flow $ 2.60 $ 2.70 $ 2.80