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Bowman Corp. pays a constant $13.90 dividend on its stock. The company will maintain this dividend for the next seven years and will then cease
Bowman Corp. pays a constant $13.90 dividend on its stock. The company will maintain this dividend for the next seven years and will then cease paying dividends forever. Required: If the required return on this stock is 9.75 percent, what is the current share price? (Select rounded answers as directed, but do not use the rounded numbers in intermediate calculations.) $68.23 O $71.64 $97.30 $60.98 $74.88
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