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Jackson Corp. is expected to pay the following dividends over the next 5 years: $6, 7,5, 3 and 8. Afterwards, the company will maintain a

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Jackson Corp. is expected to pay the following dividends over the next 5 years: $6, 7,5, 3 and 8. Afterwards, the company will maintain a constant 7% growth rate in dividends. Calculate the current price if the required return on stock is 9%. A) 229.23 B) 300.75 C) 221.22 OD) 347.87 E) 311.74

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