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NoGrowth Corporation currently pays a dividend of 50.52 per quarter, and it will continue to pay this dividend forever. What is the price per share

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NoGrowth Corporation currently pays a dividend of 50.52 per quarter, and it will continue to pay this dividend forever. What is the price per share of NoGrowth stock if the firri's equity cost of capital is 16.2% ? The stock price is ? (Round to the nearest cent)

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