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The Jackson-Timberlake Wardrobe Co just pad a dividend of $1.15 per share on its stock. The dividends are expected to grow at a constant rata
The Jackson-Timberlake Wardrobe Co just pad a dividend of $1.15 per share on its stock. The dividends are expected to grow at a constant rata of 7 percent par year indefinitely. Investors require a return of 12 percent on the company's stock. What is tha currant stock price? (Do not round intermediate calculations and round your answer to 2 decimal places, eg 32 16) Currant prior $ What will the stock price be in three years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.. 32.1$.) Slack price $ What will the stock price be in 12 years? (Do not round intermediate calculations and round your answer to 2 decimal places e.g. 32 16.)
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