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he BMC Company has just paid a dividend of $5.00. Over the last 5 years, their dividends grew at a rate of 8%. However due

he BMC Company has just paid a dividend of $5.00. Over the last 5 years, their dividends grew at a rate of 8%. However due to current market conditions, BMCs dividends are now expected to grow at only 3% forever. The required rate of return on BMC stock is 10%. The current market price of BMC stock is closest to:

$73.57

$250.00

$270.00

$71.43

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