8-1,The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.95 per share on its stock. The dividends are expected to grow at a constant rate of 6 percent per year indefinitely. If investors require an 11 percent return on The Jackson-Timberlake Wardrobe Co. stock, the current price is $______. The price will be $_____ in 3 years and $______ in 15 years. (Do not include the dollar signs ($). Round your answers to 2 decimal places. (e.g., 32.16)),
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