answer is not $1.58

Question Help Harris Corporation has $425 million in cash, and 94 million shares outstanding. Suppose the corporate tax rate is 24%, and investors pay no taxes on dividends, capital gains, or interest income. Investors had expected Harris to pay out the $425 milion through a share repurchase. Suppose instead that Harris announces it will permanently retain the cash, and use the interest on the cash to pay a regular dividend. If there are no other benefits of retaining the cash, how will Harris' stock price change upon this announcement? After the announcement Harris' stock price will fall by $1.58 per share. (Select from the drop-down menu and round the share price to three decimal places.) rise fall