Using Disney complete the following by finding the most recent annual dividend and annual free cash flow (search online or the company's annual report).

1. Calculate a required rate of return (discount rate) for the company using the Capital Asset Pricing Model (CAPM). In the CAPM, use 10% for the expected market rate, 1% for the risk free rate and the company's stock beta (search online).

2. Use the calculated required rate of return and the most recent annual dividend to calculate the stocks value using the dividend discount constant growth model (assume 2% constant growth).

3. Use the calculated required rate of return and the most recent annual free cash flow to calculate the stocks value using the discounted cash flow model (assume 2% constant growth).

Please show your work!