What will the stock price be in three years

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The Jackson–Timberlake Wardrobe Co. just paid a dividend of $1.40 per share on its stock. The dividends are expected to grow at a constant rate of 5 percent per year indefinitely. Investors require a return of 12 percent on the company's stock.

What is the current stock price?

What will the stock price be in three years?

What will the stock price be in 9 years?

Reference no: EM131048129

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