Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
4th Edition
ISBN: 9780134083278
Author: Jonathan Berk, Peter DeMarzo
Publisher: PEARSON
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Chapter 9, Problem 6P

Summit Systems will pay a dividend of $1.50 this year. If you expect Summit’s dividend to grow by 6% per year, what is its price per share if its equity cost of capital is 11 %?

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Summit Systems will pay a dividend of $1.48 this year. If you expect​ Summit's dividend to grow by 5.3% per​ year, what is its price per share if the​ firm's equity cost of capital is 10.7%​? The price per share is ​$______ ​(Round to the nearest​ cent.)
K Summit Systems will pay a dividend of $1.61 this year. If you expect Summit's dividend to grow by 5.1% per year, what is its price per share if the firm's equity cost of capital is 10.9%? The price per share is $ (Round to the nearest cent.)
BM expects to pay a dividend of $8 next year and expects these dividends to grow at 3.15% a year. The price of IBM is $67 per share. What is IBM's cost of equity capital?

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Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book

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