3. Apple plans to initiate a $2 dividend/share next quarter. Apple plans to make the 2^nd dividend 10% greater than the 1st, the 3^rd dividend 9% greater than the 2nd, the 4^th dividend 8% greater than the 3^rd and so on until they hit a steady state quarterly dividend growth rate of 1%. Using this information, the required rate of return from Q1 and the sustainable growth rate from Q2, what is the intrinsic value of Apple stock (per share)?