10.00 points The Jackson-Timberlake Wardrobe Co just paid a dividend of $1.50 per share on its stock. The dividends are expected to grow at a constant rate of 7 percent per year indefinitely. Required: (a) if investors require a 11 percent return on The Jackson-Timberlake Wardrobe Co. stock, what is the current price? (Click to select); (b) What will the price be in 13 years? (Click to select)