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Summit Systems will pay a dividend of $ 1 . 4 7 this year. If you expect Summit's dividend to grow by 5 . 9

Summit Systems will pay a dividend of $1.47 this year. If you expect Summit's dividend to grow by 5.9% per year, what is its price per share if the firm's equity cost of capital is 11.7%?
The price per share is $,(Round to the nearest cent.)
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