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Wein Inc. is a company that offer marketing service. It has just issued a dividend of $2. In the next 3 years, it is expected
Wein Inc. is a company that offer marketing service. It has just issued a dividend of $2. In the next 3 years, it is expected to increases its dividend payout by 15% annually, and then lowers it down to 10% annually for 4 years, before settling on 5% of annual growth rate forever. If investors require 10% of the return on Wein. What's the stock price today?
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