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Tolo Co plans the following repurchases $10.4 million in one year, nothing in two years, and $19.2 million in three years. After that, it will

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Tolo Co plans the following repurchases $10.4 million in one year, nothing in two years, and $19.2 million in three years. After that, it will stop repurchasing and will issue dividends totaling $26 milion in four years. The total paid in dividends is expected to increase by 2.7% per year thereafter. If Tolo has 2 3 million shares outstanding and an equity cost of capital of 11.5%, what is its price per share today? The stock price will be $(Round to the nearest cont.) NoGrowth Corporation currently pays a dividend of $0.57 per quarter, and it will continue to pay this dividend forever. What is the price per shore of NoGrowth stock if the firm's equity cost of capital is 17.9%? The stock price is $ (Round to the nearest cont.)

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