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NoGrowth Corporation currently pays a dividend of $ 0 . 5 9 per quarter, and it will continue to pay this dividend forever. What is

NoGrowth Corporation currently pays a dividend of $0.59 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 19.3%?
The stock price is $.(Round to the nearest cent.)
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