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Financial analysts forecast Limited Brands (LTD) growth for the future to be 10.4 percent. LTD’s most recent dividend was $0.70. What is the fair present value of Limited Brands’s stock if the required rate of return is 14.8 percent? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))

Fair present value $

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Financial Management, Finance

Category:- Financial Management
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