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Summit Systems wil pay an annual dividend of $1.42 this year if you expect Summets dividend to grow by 5.6% per year, what is its

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Summit Systems wil pay an annual dividend of $1.42 this year if you expect Summets dividend to grow by 5.6% per year, what is its price per shate if the fimm's equity cost of capital is 10.7$3 ? The price per share is ? (Round to the nearest cent) (Hint: is next dividend is due in one year:)

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