Question
NoGrowth Corporation currently pays a dividend of $ 0.50 per quarter, and it will continue to pay this dividend forever. What is the price per
NoGrowth Corporation currently pays a dividend of $ 0.50 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 15.0 %?
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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
