# Calculation of stock prices

Aug 2nd, 2016
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Solution to : The jackson-Timberlake wardrobe co. just paid a dividend of \$ 1.45 per share on its stock.

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Question 11Po = 1.45 * 1.06 /.11-.06 = \$30.74PV3= 30.74 N= 3 r = 6%, FVIF = 1.191, FV = 30.74(1.191) = \$36.61PV15= 30.74 N= 15 r = 6%, FVIF = 1.558, FV = 30.74(1.558) = \$47.89Name: Calculation of stock pricesDescription:Solution to : The jackson-Timberlake wardrobe co. just paid a dividend

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