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Summit Systems will pay a dividend of $20 in one year. If you expect Summit's dividend to grow by 6.0% per year, what is its

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Summit Systems will pay a dividend of $20 in one year. If you expect Summit's dividend to grow by 6.0% per year, what is its share price if its equity cost of capital is 12%? The price per share is $ (Round to the nearest cent.) Answer: ABC Company has a share price of $84 today. If Krell is expected to pay a dividend of $10 at the end of the year, and its stock price is expected to grow to $80

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