All answers must be entererd as formulas

CHAPTER 7 Help Save & Exit Submit Clipboard Styles E F G H I J The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.95 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year indefinitely. If investors require a return of 10.5 percent on the stock, what is the current price? What will the price be in three years? In 15 years? 1.95 10.5% Current dividend Dividend growth rate Required return Price in Year Price in Year Price in Year Complete the following analysis. Do not hard code values in your calculations. CHAPTER 7 Help Save & Exit Submit Clipboard Styles F F G Price in Year Price in Year Complete the following analysis. Do not hard code values in your calculations. Dividend in one year Price today Dividend in 4 years Price in 3 years Dividend in 16 years Price in 15 years