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Summit Systems will pay a dividend of $1.61 this year. If you expect Summit's dividend to grow by 5.4% per year, what is its price

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Summit Systems will pay a dividend of $1.61 this year. If you expect Summit's dividend to grow by 5.4% per year, what is its price per share it the firm's equity cost of capital is 11.1% The price per share is $]. (Round to the nearest cent.) Clear An Check Answer Holn Me Solve This Yiny an Example Get More Help

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