Business, 30.05.2021 02:50, Dweath50

NoGrowth Industries presently pays an annual dividend of $1.20 per share and it is expected that these dividend payments will continue indefinitely. If NoGrowth's equity cost of capital is 10%, then the value of a share of NoGrowth's stock is closest to

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NoGrowth Industries presently pays an annual dividend of $1.20 per share and it is expected that the...