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Determine the required rate of return for Wal-Mart, assuming the geometric growth rate was 17.68% for the period 2001-2010, its trading price on January
Determine the required rate of return for Wal-Mart, assuming the geometric growth rate was 17.68% for the period 2001-2010, its trading price on January 14, 2011 was $54.81, and the dividend for 2010 was $1.212. What is the required rate of return for Wal-Mart? % (Round to two decimal places.)
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Valuation The Art and Science of Corporate Investment Decisions
Authors: Sheridan Titman, John D. Martin
3rd edition
133479528, 978-0133479522
