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Business, 14.04.2020 18:48 iandadude

NoGrowth Corporation currently pays a dividend of $ 0.44 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 10.3 % per year?
The price per share if its equity cost of capital is 15% per y ear is $ (Round to the nearest cent.)

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