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Burnett Corp. pays a constant $29 dividend on its stock. The company will maintain this dividend for the next 5 years and will then cease
Burnett Corp. pays a constant $29 dividend on its stock. The company will maintain this dividend for the next 5 years and will then cease paying dividends forever. If the required return on this stock is 13 percent, what is the current share price? Multiple Choice O $99.96 O $115.26 O O $102.00 $107.10 O O $145.00
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