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Stock Valuation. Bui Corp. pays a constant $ 12 dividend on its stock. The company will maintain this dividend for the next nine years and

Stock Valuation. Bui Corp. pays a constant $ 12 dividend on its stock. The company will maintain this dividend for the next nine years and will then cease paying dividends forever. If the required return on this stock is 10 percent, what is the current share price?

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