Question: Jackson Inc. is expected to pay a $1.70 per share dividend at the end of the year. The dividend is expected to grow at a

Jackson Inc. is expected to pay a $1.70 per share dividend at the end of the year. The dividend is expected to grow at a constant rate of 8% a year. The required rate of return on the stock, rs, is 14%. What is the stocks current value per share?

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