Question: plz answer both. this is my 3rd time posting because the other two answers were incorrect. I will leave a thumbs up the firm pays

plz answer both. this is my 3rd time posting because the other two answers were incorrect. I will leave a thumbs up


the firm pays the dividend in one year to justify its current price? We can expect Evco stock to sell for $ (Round to the nearest cent.) Summit Systems will pay a dividend of $1.51 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 10.7% ? The price per share is $ (Round to the nearest cent.) The current stock price will be $ (Round to the nearest cent.)
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