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Jack earned a 13.7 per cent return on a share that he purchased one year ago. The share is now worth $12.23, and he just

Jack earned a 13.7 per cent return on a share that he purchased one year ago. The share is now worth $12.23, and he just received a dividend of $0.99. How much did Jack originally pay for the share?

Show working using excel formula. show working carefully.

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