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Bruce has one share of stock and one bond. The total value of the two securities is $ 1 , 1 2 0 . 0

Bruce has one share of stock and one bond. The total value of the two securities is $1,120.00.The bond has a YTM of 9.94 percent, a coupon rate of 9.63 percent, and a face value of $1,000.00; pays semi-annual coupons with the next one expected in 6 months; and matures in 8 years. The stock pays annual dividends and the next dividend is expected to be $24.76 and paid in one year. The expected return for the stock is 14.69 percent. What is the price of the stock expected to be in 1 year?
$124.37(plus or minus 10 cents)
$574.38(plus or minus 10 cents)
$132.18(plus or minus 10 cents)
$156.94(plus or minus 10 cents)
the answer cannot be obtained based on the given information

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