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The Stopperside Wardrobe Co just paid a dividend of $185 per share on its stock. The dividends are expected to grow at a constant rate
The Stopperside Wardrobe Co just paid a dividend of $185 per share on its stock. The dividends are expected to grow at a constant rate of 8.0% per year indefinitely. Ir Investors require an 13.0% return on The Stopperside Wardrobe Costock, answer the following (Do not round Intermediate calculations. Round the final answers to 2 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 15 years? Stock price in 15 years $
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