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You intend to purchase Marigo common stock at $50.50 per share, hold it 1 year, and then sell it after a dividend of $5.25 is

You intend to purchase Marigo common stock at $50.50 per share, hold it 1 year, and then sell it after a dividend of $5.25 is paid. How much will the stock price have to appreciate for you to satisfy your required rate of return of 18 percent?

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