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You hvae just purchased a share of stock for $18.05. The company is expected to pay a dividend of $.54 per share in exactly one

You hvae just purchased a share of stock for $18.05. The company is expected to pay a dividend of $.54 per share in exactly one year. if you want to earn a 9.5% return on your investment, what price do you need if you expect to sell the share immediately after it pays the dividend?

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