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Apple has just paid an annual dividend of $3.49. Dividends are expected to grow by 22% per year for the next 4 years, and then
Apple has just paid an annual dividend of $3.49. Dividends are expected to grow by 22% per year for the next 4 years, and then grow by 12% thereafter. Apple has an annual required return of 35%. 8 Attempt 2/5 for 9 pts. Part 1 What is the expected dividend in four years? 1+ decimals Submit Part 2 IB Attempt 1/5 for 10 pts. What is the intrinsic value in the fourth year (V4)? 1+ decimals Submit IB Attempt 1/5 for 10 pts. Part 3 What is the value of the stock now (Vo)
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