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What is the value of their stock when the required rate of

Value a Constant Growth Stock Financial analysts forecast Wal-Mart Stores (WMT) growth for the future to be 13.00 percent. Their recent dividend was $2.33. What is the value of their stock when the required rate of return is 18.00 percent? $52.66 $46.60 $.4660 $.5266.

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