Question: Jack earned a 18.2 per cent return on a share that he purchased one year ago. The share is now worth $11.34, and he just

Jack earned a 18.2 per cent return on a share that he purchased one year ago. The share is now worth $11.34, and he just received a dividend of $0.87. How much did Jack originally pay for the share? (in dollars to the nearest cent; don't use $ sign)

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