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Current Attempt in Progress Whispering Supplies Ltd. currently doesn't pay any dividends but is expected to start paying dividends in five years. The first dividend

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Current Attempt in Progress Whispering Supplies Ltd. currently doesn't pay any dividends but is expected to start paying dividends in five years. The first dividend is expected to be $1.00 anid is expected to grow at 4.0 percent thereafter. The required rate of return for the firm is 9.0 percent. What is Whispering's current stock price? (Round intermedlate caiculations to 3 decimol places, eg. 20.417 and the final answer to 2 decimal places, e.g. 15.61.) Save for Later: Attempts: 0 of 3 used Using multiple attempts will impact your score. 25% score reduction after attempt 1

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