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Summit Systems will pay a dividend of $1.43 this year. If you expect Summit's dividend to grow by 5.2% per year, what is its price
Summit Systems will pay a dividend of $1.43 this year. If you expect Summit's dividend to grow by 5.2% per year, what is its price per share if the firm's equity cost of capital is 11.3% The price per share is ? $ (Round to the nearest cent.)
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
11th edition
978-1111530266
