Question
11. Walmart, Inc., has EPS of $10 at the end of the first year. The dividend-payout ratio is 30% and the return on retained earnings
11. Walmart, Inc., has EPS of $10 at the end of the first year. The dividend-payout ratio is 30% and the return on retained earnings of 20%. If the discount rate is 16%, find the stock price using dividend growth model.
- $100
- $125
- $150
- $225
- $250
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Bond Markets Analysis and Strategies
Authors: Frank J.Fabozzi
9th edition
133796779, 978-0133796773
