Question: Save Homework: Home... Question 5, P 11-5 (simil... HW Score: 23.53%, 4 of 17 points O Points: 0 of 1 You have just purchased a
Save Homework: Home... Question 5, P 11-5 (simil... HW Score: 23.53%, 4 of 17 points O Points: 0 of 1 You have just purchased a share of stock for $19.13. The company is expected to pay a dividend of 0.52 per share in exactly one year if you want to earn a 10.7% return on your investment, what price do you nood if you expect to sell the share immediately after it pays the dividend? The price one year from now should be $(Round to the nearest cer)
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