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Question 1 1 pts The Jackson-Timberlake Wardrobe Co.just paid a dividend of $4.7 per share on its stock. The dividends are expected to grow at

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Question 1 1 pts The Jackson-Timberlake Wardrobe Co.just paid a dividend of $4.7 per share on its stock. The dividends are expected to grow at a constant rate of 4.59 percent per year indefinitely. Investors require a return of 9.4 percent on the company's stock nt What will the stock price be in 10 years? Omit the $ dollar sign and commas. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)

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