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Pick a high dividend paying company-examples-- energy-Exxon-Mobil, Chevron, , tobacco - Altria Conglomerate. Telecom-ATT, Verizon. Utility -coned Assume a 3% growth rate- Calculate the price

Pick a high dividend paying company-examples-- energy-Exxon-Mobil, Chevron, , tobacco - Altria Conglomerate. Telecom-ATT, Verizon. Utility -coned Assume a 3% growth rate- Calculate the price of the stock by the use of the dividend discount model

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