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

Posted: Wed Mar 30, 2022 3:38 pm
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.)