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You have just purchased a share of stock for $ 2 0 7 7 The company is expected to pay a dividend of $ 0

You have just purchased a share of stock for $2077 The company is expected to pay a dividend of $071 per share in exactly one year If you want to earn a 94% 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 $ (Round to the nearest cent)
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