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Value a Constant Growth Stock Financial analysts forecast Wal-Mart Stores (WMT) growth for the future to be 10.00 percent. Their recent dividend was $.83. What

Value a Constant Growth StockFinancial analysts forecast Wal-Mart Stores (WMT) growth for the future to be 10.00 percent. Their recent dividend was $.83. What is the value of their stock when the required rate of return is 12.00 percent?

$45.65

$41.50

$.4150

$.4565

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