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. Three years ago, your client purchased 500 shares of Bravo common stock for $20/share. In the first year, a dividend of $1.25 was paid.

. Three years ago, your client purchased 500 shares of Bravo common stock for $20/share. In the first year, a dividend of $1.25 was paid. In the second year, a dividend of $1.50 was paid. In the third year, a dividend of $2.00 was paid. If the holding period return was 18%, how much could the holding be sold for today?

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