Nogrowth corporation currently pays a dividend of 049 per


NoGrowth Corporation currently pays a dividend of $ 0.49 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 14.8%?. What is the firms stock price?

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Financial Management: Nogrowth corporation currently pays a dividend of 049 per
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