3. Bui Corp. pays a constant $14.90 dividend on its stock. The company will maintain this dividend...
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3.
| Bui Corp. pays a constant $14.90 dividend on its stock. The company will maintain this dividend for the next six years and will then cease paying dividends forever. |
| Required: |
| If the required return on this stock is 10 percent, what is the current share price?(Do not round intermediate calculations.Round your answer to 2 decimal places (e.g., 32.16).) |
| Current share price | $ |
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