Walmart has just paid an annual dividend of $3.72. Dividends are expected to grow by 9% for

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Walmart has just paid an annual dividend of $3.72. Dividends are expected to grow by 9% for the next 4 years, and then grow by 2% thereafter. Walmart has a required return of 7%. What is the value of the stock now?

A. $97.31 B. $75.41 C. $123.26 D. $52.78

Posted Date: Jul 03, 2024 09:27 AM

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Walmart has just paid an annual dividend of $3.72. Dividends are expected to grow by 9% for

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