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AZ Medical Equipment Company paid RM2.25 common share dividend last year. The company's policy is allowing its dividend to grow at 5 percent per year

AZ Medical Equipment Company paid RM2.25 common share dividend last year. The company's policy is allowing its dividend to grow at 5 percent per year indefinitely. Calculate the value of share if the required rate of return is 8 percent.

please show excel calculation.

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