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AA stock price is $ 4 5 / share . The stock is expected to pay dividends $ 2 . 5 0 in the coming

AA stock price is $45/share. The stock is expected to pay dividends $2.50 in the coming year. After reviewing all information, you concluded: the price one year from now will be $50/share and you required a 10% rate of return for investing in this stock. What is the maximum price you are willing to pay today?

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