A company pays a quarterly dividend of $$1\mathrm{.}75$ per share. It has $2$ million shares. Assume a required annual return of $8\%.$ Assume net income of $$140,000.$ What is the total equityvalue of the company?

Question $7$ options:

$$43\mathrm{.}75$mm

$$250$mm

$$87\mathrm{.}50$

$$1\mathrm{.}75$mm

$$175$mm

$$21\mathrm{.}87$