NoGrowth Corporation currently pays a dividend of $1.80 peryear, and it will continue to pay this dividend

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NoGrowth Corporation currently pays a dividend of $1.80 peryear, and it will continue to pay this dividend forever. What is the price per share if its equity cost of capital is 13% peryear?

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Posted Date: Jan 29, 2024 09:08 PM

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NoGrowth Corporation currently pays a dividend of $1.80 peryear, and it will continue to pay this dividend

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To calculate the price per share of NoGrowth Corporation we can use the Gordon Growth ... View the full answer

Investments

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