shows steps to solve, i need to learn how to solve by hand using regular calculator.

4. Joe Jones, Inc. common stock just paid an annual dividend of $2.25 per share. You expect the firm's dividends to grow at a 7% constant annual rate. If you require a 10% rate of return, how much should you be willing to pay for a share of this stock? a. Set up the appropriate equation. b. How much is the stock worth if you assume you receive the dividend that was just paid