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Burnelt Corporation pays a constant $17 dividend on its stock. The company wall maintain this dividend for the next 12 years and will then cease

Burnelt Corporation pays a constant $17 dividend on its stock. The company wall maintain this dividend for the next 12 years and will then cease paying dividends forever If the required return on this stock is 15 percent, what is the current share price? Multiple Choice $96.76 $9215 $105.97 $204.00 $90.31

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