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23. Burnett Corporation pays a constant $16 dividend on its stock. The company will maintain this dividend for the next 12 years and will then
23. Burnett Corporation pays a constant $16 dividend on its stock. The company will maintain this dividend for the next 12 years and will then cease paying dividends forever. If the required return on this stock is 16 percent, what is the current share price? Multiple Choice $87.31 $96.46 $192.00 $83.15 $81.49
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The Infographic Guide To Personal Finance
Authors: Michele Cagan CPA, Elisabeth Lariviere
1st Edition
1507204663, 978-1507204665
