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NoGrowth Industries presently pays an annual dividend of 1.10 per share and it is expected that these dividend payments will continue indefinitely. NoGrowth's equly cost

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NoGrowth Industries presently pays an annual dividend of 1.10 per share and it is expected that these dividend payments will continue indefinitely. NoGrowth's equly cost of capital is 9%, then the value of a share of NoGrowth's stock is closest to O A $13.44 OB. $14.66 OC. $1222 OD. 59.78

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