Question: Can you please help to answer this question? Gruber Corp. pays a constant $8.50 dividend on its stock.The company will maintain this dividend for the

Can you please help to answer this question?

Gruber Corp. pays a constant $8.50 dividend on its stock.The company will maintain this dividend for the next 11 years and will then cease paying dividends forever.If the required return on this stock is 9.5 percent, what is the current share price?

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