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Constantine pays a constant $4.3 dividend on its stock. The company will maintain this dividend for the next 14 years and will then cease paying
Constantine pays a constant $4.3 dividend on its stock. The company will maintain this dividend for the next 14 years and will then cease paying dividends forever. If the required return on this stock is 10.6 percent, what is the current share price? (Do not use "$" in your answer. Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, 100.23.)
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