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Summit Systems will pay a dividend of $1.64 one year from now. If you expect Summit's dividend to grow by 6.8% per year, what is

Summit Systems will pay a dividend of $1.64 one year from now. If you expect Summit's dividend to grow by 6.8% per year, what is its price per share if its equity cost of capital is 10.5%?

(Please write your answer as a number with no "$" sign, with two decimal place. e.g. write "$123.451" as "123.45")

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