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Walmart currently pays dividends of $7.12 per share. The corporation plans to pay $1.20 per share in dividends next year and $4.59 in dividends the
Walmart currently pays dividends of $7.12 per share. The corporation plans to pay $1.20 per share in dividends next year and $4.59 in dividends the year after that. Two years from now, analysts believe the price of Walmart common stock will be $70.27 per share. Based on the dividend valuation model, what should the current value of the stock be if you require a 10% rate of return? Can you tell me how to solve it by using a graphic calculator. I am having a hard time learning the formula.
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