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AT&D currently ( in 2 0 2 3 ) pays a $ 2 . 0 8 dividend per share. Next year s ( 2 0

AT&D currently (in 2023) pays a $2.08 dividend per share. Next years (2024) dividend is expected to be $2.16 per share and the future dividend growth rate will be the same as the growth rate between 2023 and 2024. Assuming a 9% required rate, what is the fair value of a share?

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