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Using the one-period valuation model, assuming a year-end dividend of $0.11, a predicted sales price of the stock of $110, and a required rate of

Using the one-period valuation model, assuming a year-end dividend of $0.11, a predicted sales price of the stock of $110, and a required rate of return on investments in equity of 10 percent, the current price of the stock would be ________.

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