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You expect the share price of Mimi plc to be worth $90 in one year's time. Furthermore, you predict that Mimi plc will pay a

You expect the share price of Mimi plc to be worth $90 in one year's time. Furthermore, you predict that Mimi plc will pay a $10 per share dividend at the end of the year. If you require a 20% return on your investment, what is the most you would pay for the equity today?

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