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Question #13 and #14 use the following setup. The Jackson-Timberlake Wardrobe Co. will pay a dividend of $2.03 next year. The dividends will grow at

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Question #13 and #14 use the following setup. The Jackson-Timberlake Wardrobe Co. will pay a dividend of $2.03 next year. The dividends will 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 its current price? Question 14 0 / 1 pts What will the stock price be in three years

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