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Summit Systems will pay a stock dividend of $1.50 at the end of this year. If you except Summits's dividend to grow by 6% per
Summit Systems will pay a stock dividend of $1.50 at the end of this year. If you except Summits's dividend to grow by 6% per year, what is the price per share of stock if the firm's cost of stock is 11%? $30.00
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