Question: Problem 12 You have until 7:54 PM to complete this assignment Intro Forever 21 is expected to pay an annual dividend of $3.7 per share

Problem 12 You have until 7:54 PM to complete this assignment Intro Forever 21 is expected to pay an annual dividend of $3.7 per share in one year, which is then expected to grow by 9% per year. If the fair rate of return determined by CAPM is 14%. Part 1 Attempt 1/3 for 10 pts. Using Dividend Discount Model to find the fair stock price. 0+ decimals Submit

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