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STARZ INC pays a constant dividend of $16 for next 18 years then will stop paying dividends forever. If investors require a return of 8.3%

STARZ INC pays a constant dividend of $16 for next 18 years then will stop paying dividends forever. If investors require a return of 8.3% on this stock, what is the value of the STARZ stock? Write in the value with two decimal points but no dollar sign or comma.

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