Question: 7 Flashcards | QX M Connect Connect X + https://ezto.mheducation.com/ext/map/index.html?_con-con&external_bros hap 8 and Chap 9 Help Save & Exit Submit 1:40:16 The Stopperside Wardrobe Co

7 Flashcards | QX M Connect Connect X + https://ezto.mheducation.com/ext/map/index.html?_con-con&external_bros hap 8 and Chap 9 Help Save & Exit Submit 1:40:16 The Stopperside Wardrobe Co just paid a dividend of $1.79 per share on its stock. The dividends are expected to grow at a constant rate of 77% per year indefinitely. If investors require an 12.7% return on The Stopperside Wardrobe Co. stock, answer the following: (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) What is the current price? Current price What will the price be in three years? Stock price in three years $ What will the price be in 15 years? O

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