Apple’s stock has a required return of 11%. The stock currently pays a dividend of $1 per share. The dividend is expected to stay the same for two…

Apple’s stock has a required return of 11%. The stock currently pays a dividend of $1 per share. The dividend is expected to stay the same for two years. After two years the dividend is expected to grow at a rate of 7% forever. What should be Apples stock price today?ASSIGNMENT CODE: 7718758Apple’s stock has a required return of 11%. The stock currently pays a dividend of $1per share. The dividend is expected to stay the same for two years. After two years…

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