Nogrowth corporation currently pays a dividend of 044 per, Finance Basics

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Nogrowth corporation currently pays a dividend of 044 per

Question: 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 10.5%? The stock price is? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: Nogrowth corporation currently pays a dividend of 044 per

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