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Intro IBM just paid an annual dividend of $4.3 per share. The dividend is expected to grow by 4% per year. The required rate of

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Intro IBM just paid an annual dividend of $4.3 per share. The dividend is expected to grow by 4% per year. The required rate of return is 12%. Part 1 IB Attempt 1/10 for 10 pts. What is the best estimate of the stock's value? 1+ decimals Submit 8 Attempt 1/10 for 10 pts. Part 2 What is the best estimate of the stock's value in 5 years? 1+ decimals Submit

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