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You have just purchased a share of stock for $18 32 The company is expected to pay a dividend of 0.72 per share in exactly

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You have just purchased a share of stock for $18 32 The company is expected to pay a dividend of 0.72 per share in exactly one year if you want to earn a 107% return on your investment, what price do you need if you expect to sell the share immediately after it pays the dividend? The price one year from now should be s (Round to the nearest cont)

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