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I need to know the formulas for Dividend, Price today, Price in 3 years, Dividend in 16 years, and Price in 15 years. Please do
I need to know the formulas for Dividend, Price today, Price in 3 years, Dividend in 16 years, and Price in 15 years.
Please do not give me what excel already gives.
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 4% 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. Dividend in one year =FV(D7,D9, Price today FV(rate, nper, pmt, [pv], [type]) 2.28 Dividend in 4 years Price in 3 vears Sheet1Step by Step Solution
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