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NoGrowth Corporation currently pays a dividend of $0.44 per quarter, and it will continue to pay
this dividend forever . What is the price per share of NoGrowth stock if the firm's equity cost of
capital is 11.8% ? The stock price is $ (Round to the nearest cent.)

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NoGrowth Corporation currently pays a dividend of 044 per .pdf

  • 1. NoGrowth Corporation currently pays a dividend of $0.44 per quarter, and it will continue to pay this dividend forever . What is the price per share of NoGrowth stock if the firm's equity cost of capital is 11.8% ? The stock price is $ (Round to the nearest cent.)