Question
Financial analysts forecast Limited Brands (LTD) growth rate for the future to be 9.5 percent. LTD's recent dividend was $.50. What is the value of
Financial analysts forecast Limited Brands (LTD) growth rate for the future to be 9.5 percent. LTD's recent dividend was $.50. What is the value of Limited Brands stock when the required return is 11.5 percent. (round to the 2 decimal place).
What is the value of stock $____?
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Introduction to Finance Markets, Investments and Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
16th edition
1119398282, 978-1-119-3211, 1119321115, 978-1119398288
