No Growth Corporation currently pays a dividend of $2 per year, and it will continue to pay this dividend forever What is the price per share if its equity cost of capital is 15 per year ...

With the simplifying assumption as was made in the chapter that dividends are p ...

No-Growth Corporation currently pays a dividend of $2 per year, and it will continue to pay this

Question:

No-Growth currently pays a of $2 per year, and it will continue to pay this forever. What is the price per share if its equity is 15% per year?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Cost Of Capital
Cost of capital refers to the opportunity cost of making a specific investment . Cost of capital (COC) is the rate of return that a firm must earn on its project investments to maintain its market value and attract funds. COC is the required rate of... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...