Question
Financial analysts forecast Limited Brands (LTD) growth rate for the future to be 11.5 percent. LTD's recent dividend was $0.90. What is the value of
Financial analysts forecast Limited Brands (LTD) growth rate for the future to be 11.5 percent. LTD's recent dividend was $0.90.
What is the value of Limited Brands stock when the required return is 13.5 percent?(Round your answer to 2 decimal places.)
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
11th edition
324422870, 324422873, 978-0324302691
