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Bowman Corp. pays a constant $13.45 dividend on its stock. The company will maintain this dividend for the next six years and will then cease
Bowman Corp. pays a constant $13.45 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 10.00 percent, what is the current share price? (Select rounded answers as directed, but do not use the rounded numbers in intermediate calculations.) $58.58 $61.51 $80.70 $50.99 $64.44
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