NoGrowth Corporation currently pays a dividend of $0.47 per quarter, and it will continue to pay...

Question

Question

NoGrowth Corporation currently pays a dividend of $0.47 per quarter, and it will continue to pay this dividend forever. What

Answer 1

Answer #1

Ans $ 12.45

Stock Price =Dividend / Cost of capital

= (0.47*4) / 15.1%

= $ 12.45

Answer 2

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