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Summit systems will pay a dividend of $1.54 one year from now. If you expect Summit's dividend to grow by 5.2 % per year. What

Summit systems will pay a dividend of $1.54 one year from now. If you expect Summit's dividend to grow by 5.2 % per year. What is its price per share if its equity cost of capital is 11.2%? The price per share is $. (Round to the nearest cent.)

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