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The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.95 per share. The dividends are expected to grow at a constant 5% per year. If

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The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.95 per share. The dividends are expected to grow at a constant 5% per year. If investors require an 11% return, what is the current price

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