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Question: old school corporation stock currently trades at 2338 in the...

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Old School Corporation stock currently trades at $23.38 in the secondary market. Investors would like a 18.00% return to hold the stock in the upcoming year. If the stock is expected to pay a $2.34 dividend next year, what must the stock sell for in one year to give you the desired return? Answer Format: Currency: Round to:2 decimal places. Enter Answer Here... Submit Answer
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