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Summit Systems will pay a dividend of $ 1 . 4 3 this year. If you expect Summit's dividend to grow by 5 . 5

Summit Systems will pay a dividend of $ 1.43 this year. If you expect Summit's dividend to grow by 5.5% per year, what is its price per share if the firm's equity cost of capital is 10.9%?
The price per share is $ (Round to the nearest cent.)

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