A young graduate is investing his graduation money today in Apple Corporation (AAPL) stock. He invests $7,805.00 today. The stock is currently priced at $455.39 per share. The graduate is hoping to earn 15.00% per year for the next five years. A friend who works on Wall Street has given him a projection of Apple dividends for the next five years: YEAR DIVIDEND 1 $12.63 2 $12.89 3 $13.36 4 $13.00 If the graduate will get his desired return, what should Apple stock sell for in five years? 5 $13.00