Financial analysts forecast L Brands (LB) growth for the future to be 12.5 percent. LBs most recent
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Financial analysts forecast L Brands (LB) growth for the future to be 12.5 percent. LB’s most recent dividend was $0.60. What is the fair present value of L Brands’s stock if the required rate of return is 14.5 percent? (LG 3-3)
AppendixLO1
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ISE Financial Markets And Institutions
ISBN: 9781265561437
8th International Edition
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
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