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Sam purchased a share of stock for $19.22. He is expected to pay a dividend of $.52 per share in exactly one year. If he

Sam purchased a share of stock for $19.22. He is expected to pay a dividend of $.52 per share in exactly one year. If he wants to earn a 10.1% return on investment, what price will he need if he expects to sell the share immediately after it pays the dividend? The price one year from now should be?

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