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  3. nogrowth corporation currently pays a dividend of

NoGrowth Corporation currently pays a dividend of $0.52 per quarter, and it will continue to...

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Accounting

NoGrowth Corporation currently pays a dividend of $0.52 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 11.6%?

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