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Gruber Corp. pays a constant $9.05 dividend on its stock. The company will maintain this dividend for the next 9 years and will then cease

Gruber Corp. pays a constant $9.05 dividend on its stock. The company will maintain this dividend for the next 9 years and will then cease paying dividends forever. The required return on this stock is 10 percent.

What is the current share price?

Current share price$

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