NoGrowth Industries currently pays an annual dividend of $1.80 per share and these dividends are expected to
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NoGrowth Industries currently pays an annual dividend of $1.80 per share and these dividends are expected to continue indefinitely. If NoGrowth's cost of capital is 9%, calculate the value of NoGrowth's stock.
Related Book For
Corporate Finance Core Principles And Applications
ISBN: 9781260571127
6th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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