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A share of stock is now selling for $97. It will pay a dividend of $12.1 per share at the end of the year. Its

A share of stock is now selling for $97. It will pay a dividend of $12.1 per share at the end of the year. Its beta is 1.0. Assume the risk-free rate is 7.76% and the expected rate of return on the market is 21.01%. Required: What do investors expect the stock to sell for at the end of the year? (Round your answer to 2 decimal places.)

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