Question: can someone help me with this prsctice problem i do not understand it? NoGrowth Corporation currently pays a dividend of $0.56 per quarter and it

can someone help me with this prsctice problem i do not understand it?

NoGrowth Corporation currently pays a dividend of $0.56 per quarter and it will continue to pay this dividend forever What is the price per share of NoGrowth stocki the firm's equity cost of capital is 15.9% The stock price is $ (Round to the nearest cont>

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