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The Stopperside Wardrobe Co . just paid a dividend of $ 1 . 6 3 per share on its stock. The dividends are expected to
The Stopperside Wardrobe Co just paid a dividend of $ per share on its stock. The dividends are expected to grow at a constant rate of per year indefinitely. If investors require an return on The Stopperside Wardrobe Co stock, answer the following:
Do not round intermediate calculations. Round the final answers to decimal places. Omit $ sign in your response.
What is the current price?
Current price
$
What will the price be in three years?
Stock price in three years
$
What will the price be in years?
Stock price in years
$
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