Question
NoGrowth Corporation currently pays a dividend of $0.47 per quarter, and it will continue to pay this dividend forever. What is the price per share
NoGrowth Corporation currently pays a dividend of $0.47 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 10.6%?
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
5thEdition
0073382345, 9780073382340
