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MARKS Corporation is expected pay a dividend of $1.40 per share at the end of this year and a $1.50 per share at the end

MARKS Corporation is expected pay a dividend of $1.40 per share at the end of this year and a $1.50 per share at the end of the second year.You expect MARKS 's stock price to be $25.00 at the end of two years.MARKS 's equity cost of capital is 10%

A) The price you would be willing to pay today for a share of MARKS stock, if you plan to hold the stock for two years is closest to:

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