A company has the following financial structure. They have issued a $20$ year bond $11$ years ago. They issued $53,142$$$1000$ face value semi annual bonds. The bond has a $7\mathrm{.}4\%$ coupon. Current market rates $$re $7\mathrm{.}1\%.$ They also have $8,459,211$ shares outstanding. The companies just paid a dividend of $$2\mathrm{.}72,$ the required rate of return is $13\mathrm{.}9\%$ and the growth rate is $2\mathrm{.}7\%.$ What is the value of the companies?

A company has the following financial structure. They have issued a $20$ year bond $11$ years ago. They issued $53,142$$$1000$ face value semi annual bonds. The bond has a $7\mathrm{.}4\%$ coupon. Current market rates $$re $7\mathrm{.}1\%.$ They also have $8,459,211$ shares outstanding. The companies just paid a dividend of $$2\mathrm{.}72,$ the required rate of return is $13\mathrm{.}9\%$ and the growth rate is $2\mathrm{.}7\%.$ What is the value of the companies?