Stock IBM Current Price: $128.10 Estimated Price 1 year from now: $143.47 Annual Expected Dividend (D1): $6.56

Value Line Investment Survey projects an annual 2% growth rate in dividends for IBM over the next 5 years. Let us assume this is a constant annual growth rate and IBM is a constant growth stock. What is your valuation for IBM using this 2% growth rate, the expected dividend in the table and your CAPM estimate for the required return? Would you recommend buying IBM stock based on your valuation and the current price from the table?

Please let me know if this isn't sufficient enough info to solve the problem