Using the Gordon Growth Model, determine the intrinsic value of Apple Inc.'s stock price and compare it to the actual price of the price today. Is the intrinsic value higher or lower and why? Make sure you include current news and information about Apple when explaining the difference between the intrinsic value and current price. *** Gordon Growth Model Formula: P= D1/(K-G) *** P = stock value based on market; D1=- Expected dividend per share one year from now ; K = required rate of return for equity investor ; G = Growth rate in dividends