Brash Corporation initiated a new corporate strategy that fixes its annual dividend at ​$2.92 per share forever. If the​

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Brash Corporation initiated a new corporate strategy that fixes its annual dividend at ​$2.92 per share forever. If the​

Post by answerhappygod »

Brash Corporation initiated a new corporate strategy that fixes
its annual dividend at ​$2.92 per share forever. If the​
risk-free rate is ​4.3% and the risk premium on​ Brash's stock is
​11.6%, what is the value of​ Brash's stock?
The value of​ Brash's stock is: ​(Round to the
nearest​ cent.)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply