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Business, 29.02.2020 00:28 Paulalex8765

The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.95 per share on its stock today. The dividends will 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 its current price?"

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The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.95 per share on its stock today. The...

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