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Business, 12.07.2021 19:20 chikooo

What is the estimate of Walmart's long term growth, assuming the constant growth period started in 2014 when the dividend per share was $1.89? 2.12 (dividend per share in 2020) 1.89(given dividend per share in 2014)
2.12/1.89-1= 0.1216
(1+0.1216)^(1/6)-1
=0.01931
=1.93%
Why, and what is the formula?

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