After graduation, you are hired as a financial analyst and your first task is to provide your clients with an investment recommendation for the stock of Apple Inc. (AAPL). After doing a thorough financial statement analysis you have estimated that the next dividend will be $2.52 and will continue to grow at 13% for 6 years, then at 10% for the next 3 years. After that dividends will continue to grow at a constant rate of 4%. You have gathered some information from a financial website (see screenshots below) that can help you with your estimation and recommendation. In addition, you have estimated that the market rate of return is 5.98% and you performed a regression analysis to estimate the beta coefficent (see the results below). Calculate your best estimate of the stocks intrinsic value and provide an investment recommendation. Be sure to justify your answer.

Assume this is today's info