Greenville Corp. pays a constant $8 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 8 percent, what is the current share price?

Greenville Corp. pays a constant $8 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 8 percent, what is the current share price?



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