Burkhardt corp pays a constant 1330 dividend on its stock, Financial Management

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Burkhardt corp pays a constant 1330 dividend on its stock

Burkhardt Corp. pays a constant $13.30 dividend on its stock. The company will maintain this dividend for the next seven 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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Financial Management: Burkhardt corp pays a constant 1330 dividend on its stock

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Financial Management: Burkhardt corp pays a constant 1330 dividend on its stock

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