Question: Question 23 2 pts Suppose Wal-Mart is expected to pay a dividend of $1.92 next year. If Wal-Mart's equity cost of capital is 5.25% and

Question 23 2 pts Suppose Wal-Mart is expected to pay a

Question 23 2 pts Suppose Wal-Mart is expected to pay a dividend of $1.92 next year. If Wal-Mart's equity cost of capital is 5.25% and analysts expect the firm's dividends to grow at a constant rate of 2.75%, what will the price of Wal-Mart's stock be today? Question 24 3 pts Calculate the price that Wal-Mart's stock is expected to be worth two years from now. See question 23 for the relevant information

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