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Mathematics, 17.08.2021 02:10 staffordkimberly

Yummy Bakery just paid an annual dividend of $ 2.27 a share and is expected to increase that amount by 3.8 percent per year . If you are planning to buy 1,000 shares of this stock next year , how much should you expect to pay per share if the market rate of return for this type of security is 13.9 percent at the time of your purchase ( Do not round intermediate calculations and round your answer to 2 decimal places , 0.g.32.16.)

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