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You find a stock priced at $23.20 that you expect to pay a dividend a $0.50 next year. What price will the stock need to
You find a stock priced at $23.20 that you expect to pay a dividend a $0.50 next year. What price will the stock need to reach next year to provide a 12% return for the year?
A. $25.48 B. $26.48 C. $25.98 D. $27.18
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