Brash Corporation initiated a new corporate strategy that fixes its annual dividend at $2.25 per...
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Brash Corporation initiated a new corporate strategy that fixes its annual dividend at $2.25 per share forever. If the risk-free rate is 4.5% and the risk premium on Brash's stock is 10.8%, what is the value of Brash's stock? tions The value of Brash's stock is $ (Round to the nearest cent.) Enter your answer in the answer box
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