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Business, 31.10.2019 07:31 jazzy200232

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, what is the current price? what will the price be in three years? in 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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