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i already completed 5 need help on the 6,7 posted Question 5 1 pts Questions 5 - 7 use the following setup. Summit Systems will

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i already completed 5 need help on the 6,7 posted
Question 5 1 pts Questions 5 - 7 use the following setup. Summit Systems will pay a dividend of $1.50 next year. If you expect Summit's dividend to grow by 6% per year and its required return is 11%, what is its price per share today? Question 6 1p Under which of the following scenarios will you be willing to pay a higher price than what you've solved for in Question 5? O A. The dividend will be $1.20 next year. o B. The required return is greater than 11%. C. The growth rate is 8% per year. o D. Both (B) and (C) are correct. Question 7 What will its stock price be in four years? A. $35.73 B. $37.87 O C. $31.80 O D. $45.54

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