Name of Stock Valuation Method Last Year Dividends Dividend Growth Rate Projected Next Year Dividends Required Rate of Return DVM Model Constant Growth Stock Valuation (wb1, g1) Equals MMM DVM Constant Growth $5.44 15.10% $6.26 9% Equals = 6.26/9%-15.1% $69.40 KO DVM Constant Growth $1.56 8.30% 1.69 9% Equals = 1.69/9%-8.3% $18.69 GE DVM Constant Growth 0.44 9.70% 0.53 9% Equals = .53/9%-9.7% $5.79

Did I calculate the DVM constant growth rate correctly based on the information provided ?