Intro

Walmart has just paid an annual dividend of $3.48. Dividends are expected to grow by 8% for the next 4 years, and then grow by 3% thereafter. Walmart has a required return of 6%.

Attempt 1/3 for 10 pts.

Part 1

What is the expected dividend in four years? 2 decimal answer.

Submit

Attempt 1/3 for 10 pts.

Part 2

What is the terminal value in four years (P4P4)?

Submit

Attempt 1/3 for 10 pts.

Part 3

What is the value of the stock now?