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Burnett Corporation pays a constant $ 2 7 dividend on its stock. The company will maintain this dividend for the next 8 years and will

Burnett Corporation pays a constant $27 dividend on its stock. The company will maintain this dividend for the next 8 years and will then cease paying dividends forever.
If the required return on this stock is 12 percent, what is the current share price?
Multiple Choice
$216.00
$140.83
$150.22
$131.44
$134.13

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