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Walmart is currently valued by the market at $ 1 2 9 . 4 4 per share with a current dividend yield of 1 .
Walmart is currently valued by the market at $ per share with a current dividend yield of and it is promising high growth for the future. However, due to challenging business environment, the plan seems shaky. You decide to implement AEG model and find that AEGs for Walmart has reduced due to the Covid situation. If everything else including its cost of equity remain same, which one of the following is the most probable scenario?
Walmart's market value will increase
Walmart's market value will decrease
Walmart's market value will remain same
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Walmart's market value will first increase and then decrease
Walmart's market value will first decrease and then increase
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