Apple has just paid a quarterly dividend of $3.03. Dividends are expected to grow by 10 % for the next 4 quarters, and then grow by 1.6 % thereafter. Apple has a required quarterly return of 3% . Attempt 1/3 for Part 1 What is the expected dividend four quarters from now? 2. What is the terminal value in the fourth quarter?
Apple has just paid a quarterly dividend of $3.03. Dividends are expected to grow by 10 % for the next 4 quarters, and then grow by 1.6 % thereafter. Apple has a required quarterly return of 3% . Attempt 1/3 for Part 1 What is the expected dividend four quarters from now? 2. What is the terminal value in the fourth quarter?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Apple has just paid a quarterly
dividend of $3.03. Dividends are
expected to grow by 10 % for the
next 4 quarters, and then grow by
1.6 % thereafter. Apple has a
required quarterly return of 3% .
Attempt 1/3 for
Part 1
What is the expected dividend four
quarters from now? 2. What is the
terminal value in the fourth quarter?
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