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Please answer. TGT currently pays a dividend of $4.34 per share. Under the assumption that the company's stock price is fairly valued, and its annual

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TGT currently pays a dividend of $4.34 per share. Under the assumption that the company's stock price is fairly valued, and its annual dividend growth rate is 2%, what is the implied discount rate according to your formula from the previous question? Please use TGT's share price on Sept 7 for this calculation

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