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1) Below is information about Waste Management's (WM's) current stock price and its 5- year dividend history. Use this information to generate inputs for

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1) Below is information about Waste Management's (WM's) current stock price and its 5- year dividend history. Use this information to generate inputs for the dividend discount model and use that model to determine WM's expected return on equity. There are multiple correct approaches to finding 'D' and 'g'; Pick one you can justify. (20 points) Declared Amount $0.65 Declared Amount 3/1/2022 8/19/2019 $0.51 11/16/2021 $0.58 5/14/2019 $0.51 8/16/2021 $0.58 2/19/2019 $0.51 5/11/2021 $0.58 11/12/2018 $0.47 2/23/2021 $0.58 8/20/2018 $0.47 11/17/2020 $0.55 5/14/2018 $0.47 8/18/2020 $0.55 2/19/2018 $0.47 5/12/2020 $0.55 11/6/2017 $0.43 2/18/2020 $0.55 8/24/2017 $0.43 11/19/2019 $0.51 5/11/2017 $0.43 Stock Price Information Waste Management, Inc. (WM) NYSE- Nasdaq Real Time Price. Currency in USD 162.55 +1.96 (+1.22 As of 09:58AM EDT. Market open. etalg

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