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QUESTION
Value a Constant Growth Stock Financial analysts forecast Wal-Mart Stores (WMT) growth for the future to be 11.00 percent. Their recent dividend was...
Value a Constant Growth Stock Financial analysts forecast Wal-Mart Stores (WMT) growth for the future to be 11.00 percent. Their recent dividend was $1.53. What is the value of their stock when the required rate of return is 16.00 percent?
$.3060
$33.97
$.3397
$30.60
