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LTEGLong Term Earnings Growth (finance)
LTEGLong-Term Exchange Group (Service Civil International)
LTEGLearning to Educate Globally (child care services; Houston, TX)
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In one of the more egregious examples of this double counting, Glassman and Hassett (2000) assumed that equity was close to risk free in the long term and discounted earnings as cash flows, while counting on long term earnings growth set equal to nominal GDP growth, to arrive at the conclusion that the Dow Jones should be trading at three times its then prevailing level.
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