Target Corp

question 115

Multiple Choice

Target Corp. (TGT) paid a $0.21 dividend per share in 2010, which grew to $0.52 in 2017. This growth is expected to continue. What is the value of this stock at the beginning of 2017 when the required rate of return is 14.77 percent?

• A) $3.52
• B) $55.32
• C) $62.97
• D) $63.49

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Definitions:

Bicarbonate Ions

are negatively charged ions that act as a buffer in blood and help maintain the body's pH balance.

Splenic Flexure

The part of the large intestine where the transverse colon turns downward on the left side of the body, near the spleen.

Large Intestine

The final section of the digestive system responsible for water absorption and feces formation.

Mesenteries

Folds of the peritoneum that attach the intestines to the posterior abdominal wall, providing support and containing blood vessels and nerves.