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Consolidated Pasta is currently expected to pay annual dividends of $10 a share in perpetuity on the 1.1 million shares that are outstanding. Shareholders require

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Consolidated Pasta is currently expected to pay annual dividends of $10 a share in perpetuity on the 1.1 million shares that are outstanding. Shareholders require a rate of return of 10% from Consolidated stock. a. What is the price of Consolidated stock? (Do not round intermediate calculations.) Stock price b. What is the total market value of its equity? (Enter your answer in millions.) Market value of equily milion million

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