Question: Looking for some help solving this question. I have no clue. Please help. Thank you A businesses has just paid an annual dividend of $5.98.

Looking for some help solving this question. I have no clue. Please help. Thank you

A businesses has just paid an annual dividend of $5.98. If you expected a constant growth rate of 8%, and have required rate of return of 12.65%, what is the current stock price according to the constant growth dividend model?

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