Summit Systems has an equly cost of capital of 10.5%, will pay a dividend of...
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Summit Systems has an equly cost of capital of 10.5%, will pay a dividend of $125 in one year, and is dividends had been expected to grow by 70% per you. You read in the paper that Summit System has revista prowe prospecha and now expects its dividends to grow at a rate of 30% per year forever What is the drop in value of a share of Summit Systems Block based on this information? b. if you tried to sell your Sunt Systems stock after reading wis news what price would you be likely to get? Why? What is the drop in value of a share of Summit Systems stock based on this information The drop in value of a share of Surm Systeme socks Round to the nearest cant)
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