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Bumett Corp. pays a constant $15 dividend on its stock. The company will maintain this dividend for the next 13 years and will then cease

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Bumett Corp. pays a constant $15 dividend on its stock. The company will maintain this dividend for the next 13 years and will then cease paying dividends forever. If the required return on this stock is 8 percent, what is the current share price? Multiple Choice ^ $118.56 $195.00 $128.04 $11619

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