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Naura just bought 1 lot of common share at a price of RM4.20 per share. The share is expected to pay a dividend of RM0.40

Naura just bought 1 lot of common share at a price of RM4.20 per share. The share is expected to pay a dividend of RM0.40 in year 1 and RM0.60 in year 2. After that she wants to sell off the shares. If her required rate of return is 12 percent, calculate her selling price in year 2.

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