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NoGrowth Corporation currently pays a dividend of $ 0 . 5 1 per quarter, and it will continue to pay this dividend forever. What is

NoGrowth Corporation currently pays a dividend of $ 0.51 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 18.3%? PLEASE I NEED AN ANSWER BASED OF THIS RULE ATTAHCED IN THE PICTURE
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