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t queri Score: 0 of 1 pt vnloa p 7-23 (similar to) 9 of 10 (8 complete) Hw Score: 88.24%, 15 of 17 pts Question

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t queri Score: 0 of 1 pt vnloa p 7-23 (similar to) 9 of 10 (8 complete) Hw Score: 88.24%, 15 of 17 pts Question Help rat rms, bZoom Enterprises expects that one year from now it will pay a total dividend of $5.4 million and repurchase $5.4 million worth of shares. It plans n at 8 to spend $10.8 million on dividends and repurchases every year after that forever, although it may not always be an even split between etwee dividends and repurchases. If Zoom's equity cost of capital is 12.6% and it has 5.5 million shares outstanding, what is its share price today? The price per share is s.(Round to the nearest cent.) edu to se 5%20 ares s not i nt pe alR hive rall bu der 10 BA

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