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Bears Limited, an investment company, bought 1 0 , 0 0 0 shares of Flamingo Limited at $ 2 per share cum dividend on April

Bears Limited, an investment company, bought 10,000 shares of Flamingo Limited at $2 per share cum dividend on April 12,2020, with a brokerage fee of 1%. Bears Limited received a dividend of $0.30 per share on May 31,2020.
What initial value will you recognize as the cost of investment in the books of Bears Limited?
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