Question: Can someone help please Summit Systems will pay a dividend of $1.57 this year. If you expect Summit's dividend to grow by 6.6% per year,

Can someone help please Summit Systems will pay a dividend of

Can someone help please

Summit Systems will pay a dividend of $1.57 this year. If you expect Summit's dividend to grow by 6.6% per year, what is its price per share if the firm's equity cost of capital is 11.5% ? The price per share is $. (Round to the nearest cent.)

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