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The Jacky-Wood Co. just paid a dividend of $ 1.60 per share on its stock. The dividends are anticipated to grow at a constant rate

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The Jacky-Wood Co. just paid a dividend of $ 1.60 per share on its stock. The dividends are anticipated to grow at a constant rate of 6 percent per year forever. If investors require a 12 percent return on The Jacky-Wood Co. stock, what is the current price? What will the price be in three years? In 15 years? The next dividend payment by Tonot, Inc., will be $2.50 per share. The dividends are expected to maintain a 5 percent growth rate indefinitely. If the stock currently sells for $48.00 per share, what is the required return? For the Tonot, Inc. Company in problem 2, what is the dividend yield? What is the expected capital gains yield

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