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12 April, 14:04

ntegrated Potato Chips just paid a $1 per share dividend. You expect the dividend to grow steadily at a rate of 4% per year. a. What is the expected dividend in each of the next 3 years?

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  1. 12 April, 14:26
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    1,12 per share

    Explanation:

    Is necessary to apply finnancial tools to calculate the dividends in four years, expressed by the following formula:

    Money paid for share today * (1 + anual Rate dividend%) ^ investment horizon

    1 * (1 + 4%) ^ 3 = $ 1,12
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