ediockdown 2 Co. SORMULAS DAYA REVIEW HOME INSERT PAGE LAYOUT Aca BIU- Cristo Alignment Number Conditional tomato Formatting Tables For 1 1 H E F D B 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? Current dividend Dividend growth rate Required return Price in Year Price in Year Price in Year 1.95 4% 10.5% 0 3 15 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 Next > 24 of 30