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Problem:

Financial analysts forecast Limited Brands (LTD) growth rate for the future to be 7.5 percent. LTD's recent dividend was $0.70.

Required:

Question: What is the value of Limited Brands stock when the required return is 9.5 percent?

Note: Please provide reasons to support your answer.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91172515

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