Walmart Inc. has a 6 of 1.90, a forward dividend of $1.20 per share, and its dividends are expected to grow in perpetuity by 1.50% every year. Suppose the expected return on the S&P 500 is 4.60%, and the risk-free rate is 1.10%. What should be the stock price of Walmart Inc. according to the dividend discount model (and CAPM)? $12.97 $80.00 $15.48 $19.20

Walmart Inc, has a of 1.90 , a forward dividend of $1.20 per share, and its dividends are expected to grow in perpetuity by 1.50% every year. Suppose the expected return on the S\&P 500 is 4.60%, and the risk-free rate is 1.10%. What should be the stock price of Walmart Inc. according to the dividend discount model (and CAPM)? $1297 $80.00 $15.48 $19.20