[Solved] NoGrowth Corporation currently pays a div

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NoGrowth Corporation currently pays a dividend of $ 0.41 per quarter, and it will continue to pay this dividend forever. What is the price per

NoGrowth Corporation currently pays a dividend of $ 0.41 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 17.7 % ?

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