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Apple has just paid a quarterly dividend of $3.52. Dividends are expected to grow by 10% for the next 4 quarters, and then grow by
Apple has just paid a quarterly dividend of $3.52. Dividends are expected to grow by 10% for the next 4 quarters, and then grow by 1.3% thereafter. Apple has a required quarterly return of 3%. Part 1 Attempt 1/3 for 10 pts. What is the expected dividend in four quarters? 1+ decimals Submit Part 2 18 | Attempt 1/3 for 10 pts. What is the terminal value in the fourth quarter (P4)? 0+ decimals Submit Part 3 Attempt 1/3 for 10 pts. What is the intrinsic value of the stock now? 0+ decimals
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