can i get the formulas to use please The Jackson-Timberlake Wardrobe Co. just paid...
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can i get the formulas to use please The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.95 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 stock, what is the current price? What will the price be in three years? In 15 years? Current dividend Dividend growth rate Required return Price in Year Price in Year Price in Year 1.95 4% 10.5% 0 3 15 Dividend in one year Price today Dividend in 4 years Price in 3 years Dividend in 16 years Price in 15 years


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