NoGrowth Corporation currently pays a dividend of $2.36 per quarter, and it will continue to pay this
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NoGrowth Corporation currently pays a dividend of $2.36 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 13%?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292437156
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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