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Problem 8 - 1 Stock Values ( LO 1 ) The Stopperside Wardrobe Co . just paid a dividend of $ 1 . 6 7
Problem Stock Values LO The Stopperside Wardrobe Co just paid a dividend of $ per share on its stock. The dividends are expected to grow at a constant rate of per year indefinitely. If investors require an return on The Stopperside Wardrobe Co stock, answer the following: Do not round intermediate calculations. Round the final answers to decimal places. Omit $ sign in your response. What is the current price? Current price What will the price be in three years? Stock price in three years What will the price be in years?
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