Question
Value a Constant Growth Stock Financial analysts forecast Wal-Mart Stores (WMT) growth for the future to be 13.00 percent. Their recent dividend was $2.23. What
Value a Constant Growth StockFinancial analysts forecast Wal-Mart Stores (WMT) growth for the future to be 13.00 percent. Their recent dividend was $2.23. What is the value of their stock when the required rate of return is 17.00 percent?
$.5575
$55.75
$.6300
$63.00
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Options Futures and Other Derivatives
Authors: John C. Hull
10th edition
013447208X, 978-0134472089
