Apple has a current dividend of $2.52 and a dividend growth rate of 5.4%. If the CAPM gives the expected return on apple stock of 7% what should the stock price be according to the dividend discount formula? Question 5 Apple has a current dividend of $2.48 and a dividend growth rate of 4.4%. If the CAPM gives the expected return on apple stock of 6.9% what should the stock price be in 91 years according to the dividend discount model