Question
Suppose that the stock market return is expected to be 10% and the T-bill is paying 2%. Apple Inc. Stock has its beta (BAAPL)
Suppose that the stock market return is expected to be 10% and the T-bill is paying 2%. Apple Inc. Stock has its beta (BAAPL) equal to 1.25. If the Apple stock's annual dividend i- expected to grow at g=10% and its dividend next year is expected to be D-$4.80 per share please estimate the price of the Apple stock. t the end of the trading day on Nov. 28th, 2023, the Apple stock is traded at $189.92 are. Do you recommend a buy or a sell, based on the stock price you calculated?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
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