What will the price of this stock be in 7 years if, Financial Management

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What will the price of this stock be in 7 years if

The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.56 per share on its stock. The dividends are expected to grow at a constant rate of 8 percent per year indefinitely. What will the price of this stock be in 7 years if investors require a 15 percent rate of return

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