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The Jackson-Timberlake Wardrobe Company just paid a dividend of $1.95 per share on its stock.The dividends are expected to grow at a constant rate of

The Jackson-Timberlake Wardrobe Company just paid a dividend of $1.95 per share on its stock.The dividends are expected to grow at a constant rate of 4% per year indefinitely.If investors require a return of 10.5% on The Jackson-Timberlake Wardrobe Company stock, what is the current price?What will the price in in 3 years?In 15 years?

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