Bui corp pays a constant 1340 dividend on its stock the


Bui Corp. pays a constant $13.40 dividend on its stock. The company will maintain this dividend for the next six years and will then cease paying dividends forever.

Required:

If the required return on this stock is 9 percent, what is the current share price?

 

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Finance Basics: Bui corp pays a constant 1340 dividend on its stock the
Reference No:- TGS0602029

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