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Include every part of the question in the answer please 3. Apple plans to initiate a $2 dividend/share next quarter. Apple plans to make the

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Include every part of the question in the answer please

3. Apple plans to initiate a $2 dividend/share next quarter. Apple plans to make the 2nd dividend 10% greater than the 1 st, the 3rd dividend 9% greater than the 2 nd, the 4th dividend 8% greater than the 3rd and so on until they hit a steady state quarterly dividend growth rate of 1\%. Using this information, the required rate of return from Q1 and the sustainable growth rate from Q2, what is the intrinsic value of Apple stock (per share)? Required Rate of return Q1=32.50% Sustainable Growth Rate Q2 =12.06% 3. Apple plans to initiate a $2 dividend/share next quarter. Apple plans to make the 2nd dividend 10% greater than the 1 st, the 3rd dividend 9% greater than the 2 nd, the 4th dividend 8% greater than the 3rd and so on until they hit a steady state quarterly dividend growth rate of 1\%. Using this information, the required rate of return from Q1 and the sustainable growth rate from Q2, what is the intrinsic value of Apple stock (per share)? Required Rate of return Q1=32.50% Sustainable Growth Rate Q2 =12.06%

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