What is the growth rate that justifies this stock price

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Reference no: EM132051500

Wal-Mart's current stock price is $37.65, it just paid a dividend of $4.25, and its discount rate is 14%.

According to the dividend growth model, what is the growth rate that justifies this stock price?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132051500

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