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Last year, the AAPL(Apple) paid a dividend of $2.00.Apple'sdividends grow about 5% per year.If your required rate of return is 7%.What is the current fair

Last year, the AAPL(Apple) paid a dividend of $2.00.Apple'sdividends grow about 5% per year.If your required rate of return is 7%.What is the current fair price of the stock as per the dividend discount model?

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