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Today you purchased XYZ stock for $60 per share. You will keep the stock for 10 years and then sell it. You hope to make
Today you purchased XYZ stock for $60 per share. You will keep the stock for 10 years and then sell it. You hope to make an average annual return of at least 10% on this investment.
What does the share price have to be in the future for you to make the desired rate of return?
Round your answer to 2 decimals, for example 100.12.
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