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Q34) Awestruck Corporation is expected to pay an annual dividend of $0.35 per share in the coming year, and to trade for $32.19 at the

Q34) Awestruck Corporation is expected to pay an annual dividend of $0.35 per share in the coming year, and to trade for $32.19 at the end of the year. If similar investments have an expected return of 8.5%, what is the maximum price you would pay for Awestruck's stock?

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