Solution-Price per share of nogrowth stock

Price per share of nogrowth stock

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Reference no: EM131388158

NoGrowth Corporation currently pays a dividend of $0.55 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 12.4%? Please show work.

Reference no: EM131388158

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Price per share of nogrowth stock : NoGrowth Corporation currently pays a dividend of $0.55 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 12.4%? Please show work.

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Price per share of nogrowth stock

Reference no: EM131388158

Reference no: EM131388158

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