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no growth industries presently pays an annual dividend of $1.50 per share and it is expected that these dividend payments will continue indefinitely. if nogrowths

no growth industries presently pays an annual dividend of $1.50 per share and it is expected that these dividend payments will continue indefinitely. if nogrowths equity cost of capital is 9%, then the value of a share of nogrowths stock is closest to:
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O A. $18.34 O B. $16.67 O C. $20.00 O D. $13.34

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