Question: If Numberto's Hats is expected to pay a dividend of 1.5 dollars in one years time and if the diviend paid is expected to increase

If Numberto's Hats is expected to pay a dividend of 1.5 dollars in one years time and if the diviend paid is expected to increase by 1.3% per year and if the this company has a required rate of return of 13%, what is the current share price? (Please use at least 5 decimal places and do not use $ symbol in the answer)

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