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

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Bui corp pays a constant 1330 dividend on its stock the

Bui 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.

Required:

If the required return on this stock is 10 percent, what is the current share price?

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

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

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