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What is the current value of stock

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The Whirlwind Co. just paid an annual dividend of $1.30 a share. The firm expects to pay dividends forever and to increase the dividend by 3.6% annually. The standard deviation of their returns has been 16.0%, and their bonds are earning 7.9%. What is the current value of this stock if the required return is 9.8%?

Reference no: EM131770837

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