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Intro IBM just paid an annual dividend of $3.5 per share. The dividend is expected to grow by 1% per year. The required rate of
Intro IBM just paid an annual dividend of $3.5 per share. The dividend is expected to grow by 1% per year. The required rate of return is 12%. Part 1 | Attempt 1/10 for 10 pts. What is the best estimate of the stock's value? 1+ decimals Submit Part 2 |Attempt 1/10 for 10 pts. What is the best estimate of the stock's value in 5 years? 1+ decimals Submit
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