Business, 11.11.2020 18:10 destiniout04231

Burnett Corp. pays a constant $8.90 dividend on its stock. The company will maintain this dividend for the next 12 years and will then cease paying dividends forever. If the required return on this stock is 11 percent, what is the current share price?

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Burnett Corp. pays a constant $8.90 dividend on its stock. The company will maintain this dividend f...