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Assume the following: Discount rate - 8 % Quarterly Dividend - $ 2 per share Issued Shares - 5 0 Share price - $ 7

Assume the following:
Discount rate -8%
Quarterly Dividend - $2 per share
Issued Shares -50
Share price - $75
Treasury Shares -10
Authorized shares -150
Net Income - $125
PE multiple -8x
Expected dividend growth rate -3%
What is the market equity value (MVE) of the company? Use $....Should be a 4 digit number that looks like $8,000

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