What is its price per share if the firms equity cost capital

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Reference no: EM132001739

Summit Systems will pay a dividend of $1.55 this year If you expect Summit's dividend to grow by 6.4% per year, what is its price per share if the firm's equity cost of capital is 119%?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132001739

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