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HW SCUF. 42.00%, 3 7-12 (similar to) Question Help NoGrowth Corporation currently pays a dividend of $0.53 per quarter, and it will continue to pay

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HW SCUF. 42.00%, 3 7-12 (similar to) Question Help NoGrowth Corporation currently pays a dividend of $0.53 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 12.5%? The stock price is $ (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer parts showing Check Answer Show A G H I J K

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