Bui corp pays a constant 1360 dividend on its stock the, Financial Management

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Bui corp pays a constant 1360 dividend on its stock the

Bui Corp. pays a constant $13.60 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 12 percent, what is the current share price?

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Financial Management: Bui corp pays a constant 1360 dividend on its stock the

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Financial Management: Bui corp pays a constant 1360 dividend on its stock the

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