AT&T (T) is a dividend-paying company and is expected to pay an annual dividend of $1.75 at
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- AT&T (T) is a dividend-paying company and is expected to pay an annual dividend of $1.75 at the end of the year. It's dividend is expected to grow at a constant rate of 6.50% per year. If you as an investor require a return of at least 13.25%, what is the intrinsic market value of T's shares? (Round to nearest two decimals).
- If AT&T’s stock currently trades for $20.50 per share, then what is the expected rate of return on the stock after one year? (Round to one decimal) Does the expected rate of return meet your requirement? T intrinsic value T expected return (%) Does the return meet your requirement?
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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