First calculate the expected holding-period return (HPR) on Target Corporation’s stock based on its current price, its expected price, and its expected dividend.

a. Go to moneycentral.msn.com/investor/home.asp and link to the Stock Research Wizard. Enter TGT to find information about Target Corporation. Find the average estimated target price for the next fiscal year.

b. Click on the “Company Report” link and collect information about today’s price and the dividend rate. Calculate the company’s expected dividend in dollars for the next fiscal year.

c. Use these inputs to calculate Target’s expected HPR for the next year.

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