Wilbur and Orville are brothers. Theyre both serious investors, but they have different approaches to valuing stocks. Wilbur, the older brother, likes to use the dividend valuation model. Orville prefers the free cash flow to equity valuation model.

As it turns out, right now, both of them are looking at the same stockWright First Aerodynamics Inc. (WFA). The company has been listed on the NYSE for more than 50 years and is widely regarded as a mature, rock-solid, dividend-paying stock. The brothers have gathered the following information about WFAs stock:

Current dividend = 2.00 per share

Current free cash flow 1 million

expected grosh rate of cas flows and dividends = 6.0%

required rate of return = 11%

shares outstanding = 600,000

how would Wilbur or Orville each value this stock?