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please do it in 30 minutes please urgently... I'll give you up thumb definitely Problem 8 Intro Walmart has just paid an annual dividend of

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please do it in 30 minutes please urgently... I'll give you up thumb definitely

Problem 8 Intro Walmart has just paid an annual dividend of $3.22. Dividends are expected to grow by 8% for the next 4 years, and then grow by 3% thereafter. Walmart has a required return of 9%. (Note the wording of this problem. Typically, when a problem says "expected to grow for the next X years", they mean that the the cashflow will grow constantly up to the end of year X, then the cashflow at year X will grow at some other rate in years X+1, X+2 etc.) Part 1 BAttempt 1/2 for 10 pts. What is the expected dividend in four years? 2+ decimals Submit

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