Go to Yahoo Finance and look up the annual dividends of Walmart (WMT) for the last five years (2011 - 2016).

Note: to find the dividends, pull up the price quote for WMT, then click on the "Historical Prices" link (located near the top middle of the page).

When you are on the Historical Prices page set the "Time Period" drop down to cover the five years. Set the "Show" drop down for "Dividends Only" and then click apply.

Add up the quarterly dividends to get the annual dividend figure for each year.Calculate the annual growth rate of the dividends for the five years 2012-2016. Use the average annual growth rate of dividends as g. Use the 2016 dividend as D₀.

Calculate the stock price of WMT assuming a required rate of return of 9%, 10%, 11%, 12%, and 13%.Compare your results to the actual stock price of WMT. If you were to purchase WMT today what would your expected return be?