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Please answer the questions in excel formula. Clipboard Font Styles A1 X V A B C D E F G H I The Jackson-Timberlake Wardrobe

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Please answer the questions in excel formula.

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Clipboard Font Styles A1 X V A B C D E F G H I The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.95 per share on its 3 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 EA 1.95 Dividend growth rate 4% Required return 10.5% Price in Year 0 Price in Year 3 Price in Year 15 13 14 Complete the following analysis. Do not hard code values in your calculations. 15 16 Dividend in one year 17 Price today 18 19 Dividend in 4 years 20 Price in 3 years

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