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Wfm current dividend per share is $1.07 . You expect dividends to grow at 5% per year into perpetuity . Wfm beta is .85 .

Wfm current dividend per share is $1.07 . You expect dividends to grow at 5% per year into perpetuity . Wfm beta is .85 . The current risk free rate is 2.9% , and the expected return on the market portfolio is 7.4% . Use the CAPM to estimate wfm required return on equity . What is the underlying value of the WFM stock per share ?

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