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NoGrowth Industries presently pays an annual dividend of $2.00 per share and it is expected that these dividend payments will continue indefinitely. If NoGrowth's equity
NoGrowth Industries presently pays an annual dividend of $2.00 per share and it is expected that these dividend payments will continue indefinitely. If NoGrowth's equity cost of capital is 10%, then the value of a share of NoGrowth's stock is closest to: O A. $16.00 OB. $20.00 OC. $24.00 OD. $22.00
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