Share Vakuation Kunderang Mining Ltd pays a constant $2.50 dividend per share. The company will maintain this dividend for the seven years and will then cease paying dividends forever. If the required...

Share Vakuation Kunderang Mining Ltd pays a constant $2.50 dividend per share. The company will maintain this dividend for the seven years and will then cease paying dividends forever. If the required return on this share is 12%, what is the current share price? LO 7.1