Business, 15.10.2019 18:10 mjr2002june

The jackson-timberlake wardrobe co. just paid a dividend of $2.15 per share on its stock. the dividends are expected to grow at a constant rate of 4 percent per year indefinitely. if investors require a return of 10.5 percent on the company’s stock,
(a)-what is the current price?
(b)-what will the price be in three years?
( will the price be 15 years?

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The jackson-timberlake wardrobe co. just paid a dividend of $2.15 per share on its stock. the divide...

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