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Summit Systems will pay a dividend of $1.47 this year. If you expect Summit's dividend to grow by 6.7% per year, what is its
Summit Systems will pay a dividend of $1.47 this year. If you expect Summit's dividend to grow by 6.7% per year, what is its price per share if the firm's equity cost of capital is 10.6%? The price per share is $ (Round to the nearest cent.)
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
12th edition
133423824, 978-0133423822
