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Burnett Corporation pays a constant $ 2 1 dividend on its stock. The company will maintain this dividend for the next 1 4 years and

Burnett Corporation pays a constant $21 dividend on its stock. The company will maintain this dividend for the next 14 years and will then cease paying dividends forever.
If the required return on this stock is 10 percent, what is the current share price?
Multiple Choice
$151.61
$170.17
$162.44
$294.00
$154.70

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