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You would like to buy Chegg.com's common stock at $51.50 per share. You expect to receive a dividend of $5.25. And, you will be selling

You would like to buy Chegg.com's common stock at $51.50 per share. You expect to receive a dividend of $5.25. And, you will be selling the stock after one year. If you require a rate of return of 16 percent, how much the stock price has to increase in order for you to reach that required rate of return? %. (Round to two decimal places.)

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