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ti84 preferred, thanks . How much are you willing to pay for ATT's stock if it currently pays a $2.00 dividend that is expected to

ti84 preferred, thanks
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. How much are you willing to pay for ATT's stock if it currently pays a $2.00 dividend that is expected to grow at a constant rate of 6% a year forever? Assume your required rate of return is 14%. C0=2.00,g=0.06,r=0.14,PV? If the current market price is $28.60, what is the implied growth rate? [Common stock valuation: constant growth IDI) M]

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