This assignment is directly related to stock valuation.

Please help me answer the following 3-part question:

These companies paid out dividends for the past five years (2012 2016). Using the past dividend payout information between 2012 and 2016, compute the growth rate (g) for these companies. Show me your work (35 points).The companies are AT&T (T)http://www.dividendinformation.com/search_ticker/?identifier=Tand Verizon (VZ)http://www.dividendinformation.com/search_ticker/?identifier=VZI need help computing the growth rate. I provided links and screenshots for the dividend histories.

First, let's assume that required return (R) is 10% for all these companies. Using R, dividend information, and growth rate (g) from the question 1, compute the stock prices of these companies. Second, let's assume that required return (R) is 20% for all these companies. Using R, dividend information, and growth rate (g) from the question 1, compute the stock prices of these companies. Show me your works (35 points).

Compare your estimated stock prices with actual stock prices as of January 3, 2017. Then tell me whether each stock is undervalued or fair-valued or overvalued based on your estimation. What's your decision if you hold these stocks? What's your decision if you don't hold these stocks? Show me your work (30 points).On 01/03/2017, AT&T (T), closed at $43.02/share. Verizon (VZ) closed at $54.58/share.

Please explain how you got the answers or display the formulas!