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A&T, Inc. paid an annual dividend of $1.47 per share last month. The company is planning on paying $1.56,$1.68, and $1.75 per share over the

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A\&T, Inc. paid an annual dividend of $1.47 per share last month. The company is planning on paying $1.56,$1.68, and $1.75 per share over the next three years, respectively. After that, the dividend will be constant at $1.80 per share per year. What is the market price of this stock if the market rate of return is 12 percent? $13.98 $14.65 $13.54 $14.16 None of these answers are correct

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