Question: What formula do I use for this? Step by Step please A security pays dividends of $4,390.05 yearly, forever. If the applicable interest rate is

What formula do I use for this? Step by Step please

A security pays dividends of $4,390.05 yearly, forever. If the applicable interest rate is 8.31%, what is the current price of this security?
Answer = Cash Flow =
r =

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