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The Jackson-Timberlake Wardrobe Company just paid a dividend of $1.32 per share on its stock. The dividends are expected to grow at a constant rate

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The Jackson-Timberlake Wardrobe Company just paid a dividend of $1.32 per share on its stock. The dividends are expected to grow at a constant rate of 6 percent per year indefinitely. a. If investors require a return of 14 percent on the company's stock, what is the current price? Current price b. What will the price be in 10 years? Stock price in 10 years Lohn Corporation is expected to pay the following dividends over the next four years: $13, $8, $4, and $3. Afterward, the company pledges to maintain a constant 7 percent growth rate in dividends forever. If the required return on the stock is 13 percent, what is the current share price? Arcs and Triangles paid an annual dividend of $1.47 per share last month. The company is planning on paying $1.52, $1.58, and $1.60 per share over the next three years, respectively. After that, the dividend will be constant at $1.65 per share per year. What is the market price of this stock if the market rate of return is 12 percent

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