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You are planning to buy stocks in ALPHA Corp and hold for one year. At the end of the year, you expect to receive a

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You are planning to buy stocks in ALPHA Corp and hold for one year. At the end of the year, you expect to receive a $3 dividend and $22 from selling the stock. What is the max price you should pay for ALPHA stock today? As an investor, you require a return of 8%. Please round your answer to the nearest two decimals. Do not use the $ symbol

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