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A share costs $108.11 on March 1, 2021. The stock will pay the next quarterly dividend of $1.06 on June 1. The expected rate of

A share costs $108.11 on March 1, 2021. The stock will pay the next quarterly dividend of $1.06 on June 1. The expected rate of return on this stock is 11%. If the stock is sold on March 1, 2022, what should the selling price be?

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