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BU Inc. just paid a dividend of $2.7. They will continue paying the same dividend for 5 more years and then close down. When closing
BU Inc. just paid a dividend of $2.7. They will continue paying the same dividend for 5 more years and then close down. When closing down in year 5, an extra dividend of $28 will be paid to the investor. What is the current stock price if the discount is 8.4%? (Keep two decimal places)
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