AT&T stock (T) just paid an annual dividend of $1.75 for the most recent year. The current stock price is $38. Assuming investors expect a constant growth rate in dividends of 6% into perpetuity, what is the implied required return being demanded by investors? Philip Morris Intl (PM) just paid an annual dividend of $3.40 for the most recent year. The current stock price is $90. Assuming investors demand a required return of 11% on PM stock, what is the implied perpetual growth rate in dividends expected by investors? Garmin Ltd. (GRMN) is expected to pay a dividend of $0.45 per quarter next year for a total of $1.80 per share. The stock is currently trading for $32.68 per share. What is GRMN's current dividend yield