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You are considering the purchase of Walmart's common stock which will pay a 1.00 per share dividend one year from the date of purchase. he
You are considering the purchase of Walmart's common stock which will pay a 1.00 per share dividend one year from the date of purchase. he dividend is expected to grow at the rate of 4% per year. If the appropriate discount rate for this investment to 14%, what is the price of one share of this stock?
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