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AAPL currently pays $3 in dividend and you think the company can increase dividend at 10% a year. If the required return for AAPL is

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AAPL currently pays $3 in dividend and you think the company can increase dividend at 10% a year. If the required return for AAPL is 11.8%, what should be company's stock price in 7 years using dividend discount model? CSCO currently pays $1.8 in dividend. You think the company will be able to grow dividend at 10% a year forever. If your required return is 12.5%, Would you buy the stock at current price of $42 a share

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