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Wish You Were Here, Inc, currently does not pay a dividend but is expected to pay its first annual dividend of $4.50 per share exactly
Wish You Were Here, Inc, currently does not pay a dividend but is expected to pay its first annual dividend of $4.50 per share exactly 5 years from today. After that, the dividends will grow at 2.7 percent forever. If the required return is 10.5 percent, what is the price of the stock today
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