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The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.44 per share on its stock. The dividends are expected to grow at a constant rate

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The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.44 per share on its stock. The dividends are expected to grow at a constant rate of 5 percent per year indefinitely a. If investors require a return of 13 percent on the company's stock, what is the current price? $18.90 b. What will the price be in 6 years? Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $2.15 next year. The growth rate in dividends for all three companies is 4 percent. The required return for each company's stock is 9.20 percent, 13.10 percent, and 15.90 percent, respectively. What is the stock price for Red. Inc., Inc.? What is the stock price for Yellow Corp.? What is the stock price for Yellow Corp.? What is the stock price for Blue Company

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