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42 The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.26 per share on its stock. The dividends are expected to grow at a constant
42 The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.26 per share on its stock. The dividends are expected to grow at a constant rate of 7 percent per year indefinitely a. If Investors require a return of 14 percent on the company's stock, what is the current price? 01:04:52 b. What will the price be in 7 years
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