6. value: 2.00 points The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.34 per share on its stock. The dividends are expected to grow at a constant rate of 5 percent per year indefinitely. Required (a) If investors require a 10 percent return on The Jackson-Timberlake Wardrobe Co. stock, what is the current price? (Click to select) (b) What will the price be in 8 years? (Click to select)