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Jack earned a 15.4 per cent return on a share that he purchased one year ago. The share is now worth $12.51, and he just
Jack earned a 15.4 per cent return on a share that he purchased one year ago. The share is now worth $12.51, and he just received a dividend of $1.11. How much did Jack originally pay for the share? (in dollars to the nearest cent; dont use $ sign)
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