Solved: You figure that the companys growth rate of 4 per year will, Business Management

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You figure that the companys growth rate of 4 per year will

You note that ATT stock is selling for $38 per share. You figure that the company's growth rate of 4% per year will continue well into the future. The company's last dividend (Do) was $1.00 per share. You require an 8% return on this stock. What is its intrinsic value? Should you buy it?

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Business Management: You figure that the companys growth rate of 4 per year will

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Business Management: You figure that the companys growth rate of 4 per year will

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