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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 $1.55 in dividends and $65 from the sale of the share at the end of the year. The maximum price you would pay for a share today is __________ if you wanted to earn a 14% return.
Multiple Choice
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$57.02
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$58.38
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$57.23
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$77.38
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