Walmart has just paid an annual dividend of $3.03. Dividends are expected to grow by 7% for
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Question:
Walmart has just paid an annual dividend of $3.03. Dividends are expected to grow by 7% for the next 4 years, and then grow by 2% thereafter. Walmart has a required return of 7%.
What is the expected dividend in four years?
What is the terminal value in four years (P4)?
What is the value of the stock now?
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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