QUESTION 5 ch 11 Your broker recommends that you purchase AT&T at s34. The stock pays a s2 20 annual dividend, which like ts per share earnings) is expected to grow annualy at 3 percent. If you want to earn 9 percent on your funds, is this stock a good buy? O Yes, because you calculated the stock's value at $42.31 O Yes, because you calculated the stock's value at $37.77 O No, because you calculated the stock's value at $31.97 O No, because you calculated the stock's value at $29.45