Apple has just paid a quarterly dividend of $3.42. Dividends are expected to grow by...
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Apple has just paid a quarterly dividend of $3.42. Dividends are expected to grow by 10% for the next 4 quarters, and then grow by 1.2% thereafter. Apple has a required quarterly return of 2%. Attempt 1/10 for 10 pts. IS Part 1 What is the expected dividend in four quarters? 1+ decimals Submit Attempt 1/10 for 10 pts. IB Part 2 What is the terminal value in the fourth quarter (PA)? 0+ decimals Submit Part 3 IB Attempt 1/10 for 10 pts. What is the value of the stock now? 0+ decimals
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