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AAPs current stock price according to yahoo finance is $206.34, the market cap is 12.61B, $1.50 is the most recent quarterly dividend, $6 is the

AAPs current stock price according to yahoo finance is $206.34, the market cap is 12.61B, $1.50 is the most recent quarterly dividend, $6 is the annual dividend amount, the total number of outstanding shares =$61.1M, beta is 1.3 indicating volatility thats greater than that of the market. Assuming a 15% growth rate, what is your estimate of the required return on AAP common stock using the dividend growth model? What do you observe about the relative contribution to total return from the dividend yield as opposed to the capital gains yield? What is the discount rate?

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