Business, 09.12.2020 21:10 ghernadez

Burkhardt Corp. pays a constant $13.30 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 10 percent, what is the current share price?

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Burkhardt Corp. pays a constant $13.30 dividend on its stock. The company will maintain this dividen...