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You are considering acquiring a common share of Sahali Shopping Center Corporation that you would like to hold for 1 year. You expect to receive
You are considering acquiring a common share of Sahali Shopping Center Corporation that you would like to hold for 1 year. You expect to receive both $6 in dividends and $9 from the sale of the share at the end of the holding period. The maximum price you would pay for a share today is __________ if you wanted to earn a 15% yearly return.
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