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You are considering buying a share of WSU stock that you want to hold for 1 year. You expect to receive $ 1 . 2

You are considering buying a share of WSU stock that you want to hold for 1 year. You expect to receive $1.25 in dividends and $35 from the sale of the share at the end of the year. What is the maximum price you would pay for a share today if you want to earn 12% return.
$30.80
$31.25
$32.37
$30.65
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