1. Financial analysts forecast Safeco Corp.’s (SAF) growth rate for the future to be 10 percent. Safeco’s recent dividend was $1.55. What is the value of Safeco stock when the required return is 12 percent?
2. Annual dividends of AT&T Corp (T) grew from $0.82 in 2000 to $1.31 in 2012. What was the annual growth rate? (Round your answer to 2 decimal places.)
3. What goes in a Plant Property and Equipment footnote. State the codification references that tells what goes in it.