Tina's Medical Equipment Company paid a $2.25 common stock dividend last year.The company's policy is to allow its dividend to grow at 5 percent per year indefinitely.What is the value of the stock if the required rate of return is 8 percent?

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The Answer of Tina's Medical Equipment Company paid a $2.25 common stock dividend last year.The company's policy is to allow its dividend to grow at 5 percent per year indefinitely.What is the value of the stock if the required rate of return is 8 percent?

Tina's Medical Equipment Company Paid a $2