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3. AT&D currently (in 2021) pays $2.08 in dividends per share. Next year's (2022) dividends are expected to be $2.16 per share and the dividends
3. AT&D currently (in 2021) pays $2.08 in dividends per share. Next year's (2022) dividends are expected to be $2.16 per share and the dividends are expected to grow at the same rate forever as the growth rate between 2021 and 2022. AT&D's stock price today is $30.75. What rate of return are shareholders requiring, given the above information
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