Current Stock Price = $76.04 Forward Dividend & Yield 2.48( 3.45%) 1 year growth estimate= 3.6%

a) First calculate the expected holding period return (HPR) on Target Corporations stock (you can also choose any company you would like to do the analysis) based on its current price, its expected price, and its expected dividend. Please show calculations.

i) Get information for Target (enter TGT under quote search). From the Analyst Opinion Page, find the range for estimated target price for the next fiscal year.

ii) Collect information about todays price and the dividend rate. What is the companys expected dividend in dollars for the next fiscal year?

iii) Use thee inputs to calculate the range of Targets HPR for the next year.