Walmart's current earnings per share of $5.02 are expected to grow at a rate of 17% per year for the next few years. Using a P/E ratio of 13.46, what is a reasonable value for a share of Walmart Stock

What will be an ideal response?

Answer: A reasonable value for Walmart would be $5.02(1.17)(13.46)=$79.06 per share.

Business

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