Question: 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

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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