Apple has just paid a quarterly dividend of $3.16. Dividends are expected to grow by 10% for the next 4 quarters, and then grow by 1.2% thereafter. Apple has a required quarterly return of 5%.

Intro Apple has just paid a quarterly dividend of \$3.16. Dividends are expected to grow by 10% for the next 4 quarters, and then grow by 1.2% thereafter. Apple has a required quarterly return of 5%. Part 1 - E Attempt 1/10 for 10 pts What is the expected dividend four quarters from now? Part 2 - E Attempt 1/10 for 10 pts. What is the terminal value in the fourth quarter (P4) ? Part 3 - E Attempt 1/10 for 10 pts What is the value of the stock now