What is the value of walton inc the stock

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Problem 1: Walton Inc.'s stock just paid a dividend of $1. The company's dividend is expected to grow at a rate of 0.22 this year, 0.11, next year, and 0.08 for every year after that. If Walton has a required rate of return of 0.12, what is the value of Walton's the stock?

Reference no: EM132940250

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