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Bronx Inc. pays a constant $6.5 dividend on its stock. The company will maintain this dividend for the next thirteen years and will then cease

Bronx Inc. pays a constant $6.5 dividend on its stock. The company will maintain this dividend for the next thirteen years and will then cease paying dividend forever. If the required rate of return on this stock is 10 percent, what is the current share price? (Done on paper)

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