Dividend Discount Model Enter the ticker symbol WMT for Wal-Mart. Using the most recent balance sheet and

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Dividend Discount Model Enter the ticker symbol “WMT” for Wal-Mart. Using the most recent balance sheet and income statement under the “Excel Analytics” link, calculate the sustainable growth rate for Wal-Mart. Now download the “Mthly. Adj. Price” and find the closing stock price for the same month as the balance sheet and income statement you used. What is the implied required return on Wal-Mart according to the dividend growth model? Does this number make sense? Why or why not? LO.1

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Corporate Finance

ISBN: 9780073105901

8th Edition

Authors: Jeffrey Jaffe, Bradford D Jordan

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