Burnett Corporation pays a constant $$28$ dividend on its stock. The company will maintain this dividend for the next $7$ 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

$$12779$

$$143\mathrm{.}12$

$$134\mathrm{.}17$

$$125\mathrm{.}23$

$$196\mathrm{.}00$