Question
Walmart Inc. has the following expected dividends per share: $2.5 in year 1, and $0.5 in year 2. In year 2, its stock will be
Walmart Inc. has the following expected dividends per share: $2.5 in year 1, and $0.5 in year 2. In year 2, its stock will be selling for $17.00 per share. If its equity cost of capital is 6.00%, what is the current stock price of Walmart Inc.?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
6th Edition
125991965X, 978-1259919657
