Question: You have until 8:45 PM to complete this assignment. Intro Forever 21 is expected to pay an annual dividend of $3.08 per share in one

 You have until 8:45 PM to complete this assignment. Intro Forever

You have until 8:45 PM to complete this assignment. Intro Forever 21 is expected to pay an annual dividend of $3.08 per share in one year, which is then expected to grow by 9% 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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