Nogrowth corporation currently pays a dividend of 055 per
NoGrowth Corporation currently pays a dividend of $0.55 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 12.4%? Please show work.
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nogrowth corporation currently pays a dividend of 055 per quarter and it will continue to pay this dividend forever
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