Summit systems will pay a dividend of $ 1.41 this year. if you expect summit's dividend to grow by 5.4 % per year, what is its price per share if the firm's equity cost of capital is 11.7 %?

answer; /// i believe the correct answer is first in, first out(fifo); //

answer; operating revenues;

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.