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You buy Apple stock. You want to hold on to the stock for one year to get the next dividend and then immediately sell the

You buy Apple stock. You want to hold on to the stock for one year to get the next dividend and then immediately sell the stock. You expect the next dividend to be $22 and the stock price to be $94 next year (immediately after the dividend payment). What is the price today of Apple if the discount rate is 9%?

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