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Apple Inc. ( AAPL ) is expected to pay a dividend of $ 1 . 5 9 at the end of the year. AAPL s

Apple Inc. (AAPL) is expected to pay a dividend of $1.59 at the end of the year. AAPLs dividend payout ratio and return on equity (ROE) are 41.27% and 6.86%, respectively. Other things held constant, what would AAPLs stock price be if the required rate of return is 6.47%?

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