I need help on this please.

Valuation of a Stock Through the Gordon Growth Model : Please use the following information and the Gordon Growth Model of Stock Valuation to calculate the most recent dividend paid by WXZ corporation.(Make sure you convert percentage figures into decimals before using the formula) .

Current stock price of a share of WXZ Corporation:$54.25

Expected constant growth rate of dividends:8.5%

Investor's required return on investment equity:12.5%