Question: please help with this homework problem Forever 21 is expected to pay an annual dividend of $3.09 per share in one year, which is then

please help with this homework problem

Forever 21 is expected to pay an annual dividend of $3.09 per share in one year, which is then expected to grow by 10% per year indefinitely. Suppose the company's stock should earn an appropriate yearly return of 14% determined by Capital Asset Pricing Model (CAPM). Part 1 Attempt 1/3 for 10 pts. Using Dividend Discount Model to find the appropriate stock price

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