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You expect KStreet Co's trade at $103 per share right after paying a $2.75 dividend per share in one year. What is the most you

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You expect KStreet Co's trade at $103 per share right after paying a $2.75 dividend per share in one year. What is the most you would pay to buy the stock now if you want to earn at least a return of 11%? The most you would pay to buy the stock is $ (Round to the nearest cent.)

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