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Help Brash Corporation initiated a new corporate strategy that fixes its annual dividend at $2.65 per share forever. If the risk-free rate is 4.4% and

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Help Brash Corporation initiated a new corporate strategy that fixes its annual dividend at $2.65 per share forever. If the risk-free rate is 4.4% 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.) Data Lymi

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