Integrated Potato Chips paid a $$3\mathrm{.}80$ per share dividend yesterday. You expect the dividend to grow steadily at a rate of $7\mathrm{.}50\%$ per year forever.

a$.$

What is the expected dividend in each of the next $3$ years? $($Do not round intermediate calculations. Round your answers to $2$ decimal places.$)$

Expected Dividend

Year $1$ $

Year $2$

Year $3$

b$.$

If the discount rate for the stock is $8\mathrm{.}00\%,$ at what price will the stock sell? $($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)$

Current price $

c$.$

What is the expected stock price $3$ years from now? $($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)$

Future price $

d$.$

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.$)$

Year $1$ Year $2$ Year $3$

DIV $

$

$

Selling price

Total cash flow

PV of cash flow

sum of the PV$\text{'}$s $