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Problem:

Financial analysts forecast Limited Brands (LTD) growth for the future to be 13.6 percent. LTD's most recent dividend was $2.30.

Required:

What is the fair present value of Limited Brands's stock if the required rate of return is 16.4 percent? Explain in detail and provide explanation.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91145955

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