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    Financial Management Principles and Applications Study Set 2
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    Exam 10: Stock Valuation
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    Walmart's Current Earnings Per Share of $4
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Walmart's Current Earnings Per Share of $4

Question 89

Question 89

Essay

Walmart's current earnings per share of $4.60 are expected to grow only at a rate of 2% per year for the next few years. Using a P/E ratio of 15, what is a reasonable value for a share of Walmart Stock.

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