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You have just purchased a share of stock for S21.81. The company is expected to pay a dividend of $0.65 per share in exactly one

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You have just purchased a share of stock for S21.81. The company is expected to pay a dividend of $0.65 per share in exactly one year lf you want to earn a 9.9% 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 cent)

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