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You are considering acquiring a common share of Sahali Shopping Center Corporation that you would like to hold for 2 years. You expect to receive

You are considering acquiring a common share of Sahali Shopping Center Corporation that you would like to hold for 2 years. You expect to receive both $1.25 and $1.30 dividends in years 1 and 2, and $35 from the sale of the share at the end of the 2nd year. The maximum price you would pay for a share today is $__________ if you wanted to earn a 12% return.

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