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An investor is considering to buy a stock which is expected to pay $5 in year 1 and $4 in year 2 In the cash

An investor is considering to buy a stock which is expected to pay $5 in year 1 and $4 in year 2 In the cash dividends per share, at the end of the year 2, the investor is expected to sell it at a selling price of $35. The investor's required rate of return is 10%. How much the investor will be willing to pay to buy the stock?

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