Chapter 07 Homework Problems instructions help Question 5 (of 8) Save & Exit submit value 2.50 points Burkhardt Corp. pays a constant $14.10 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 10 percent, what is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Share price $1 References eBook & Resources Worksheet Learning Objective: 07-01 Assess how stock prices depend on future dividends and dividend growth. Difficulty: 1 Basic Section: 7.1 Common Stock Valuation Check my work