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e. Overvalued Unsure 8 of 30 2 Marks You are considering investing your money in stock ABC for one year. You expect to receive $1.77
e. Overvalued Unsure 8 of 30 2 Marks You are considering investing your money in stock ABC for one year. You expect to receive $1.77 in dividends and $30.98 from the sale of the stock at the end of the investment period. If you want to eam a 15% return from this investment, what is the highest price you would pay for the stock today? (Please retain at least 4 decimal places in your calculations and at least 2 decimal places in the final answer.) The maximum price you would pay for the stock today is $ Unsure
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