Brash Corporation initiated a new corporate strategy that fixes its annual dividend at $2.25 per share forever
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Brash Corporation initiated a new corporate strategy that fixes its annual dividend at $2.25 per share forever Currently the risk-free rate is 4.5%, and Brash has a beta of 1,8. If the market return is 10.5%, what is the value of Brash’s stock?
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Related Book For
Principles of managerial finance
ISBN: 978-0132479547
12th edition
Authors: Lawrence J Gitman, Chad J Zutter
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