What will the stock price be in three, Financial Management

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What will the stock price be in three

The Jackson–Timberlake Wardrobe Co. just paid a dividend of $6.68 per share on its stock. The dividends are expected to grow at a constant rate of 4.18 percent per year indefinitely. Investors require a return of 12.64 percent on the company's stock.

What will the stock price be in three years?

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