Question: Bui Corp. pays a constant $ 1 3 . 9 0 dividend on its stock. The company will maintain this dividend for the next six

Bui Corp. pays a constant $13.90 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 11 percent, what is the current share price? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g.,32.16).)
Current share price
$
 Bui Corp. pays a constant $13.90 dividend on its stock. The

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