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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 $1.03. What

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 $1.03. What is the value of their stock when the required rate of return is 14.00 percent?

Multiple Choice

  • $.2833

  • $.2575

  • $25.75

  • $28.33

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