Hailey Corp. pays a constant $$9\mathrm{.}45$ dividend on its stock. The company will maintain this dividend for

the next $13$ years and will then cease paying dividends forever. If the required return on this stock is

$10\mathrm{.}7$ percent, what is the current share price?

Input area:

$($Use cells A$6$ to B$8$ from the given information to complete this question.$)$

Output area: show formula please