Finance Assignment Chapter $8$ Question $1$ Apple Inc. currently pays a yearly dividend of $\backslash$$$1\mathrm{.}50$ They want their dividends to start growing by $\backslash (7\backslash \%\backslash )$ yearly going forward. What will be the value of the divdend in $5$ years? Question $2$ For the above question, what will be the value of the stock in $5$ years based on that same dividend info? Assume a $\backslash (10\backslash \%\backslash )$ rate of return. Question $3$ Based on the following table, what is the present value of the stock today? $*$After the last $\backslash (\backslash$$ $2\mathrm{.}50\backslash )$ dividend in year $3,$ the company wants the dividend to grow $\backslash (5\backslash \%\backslash )$ every year constantly. Assume a $\backslash (10\backslash \%\backslash )$ Rate of Return