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What is the stock price

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Reference no: EM132759542

Question - King Waterbeds has an annual cash dividend policy that raises the dividend each year by 5%. The most recent dividend, Div0, was $0.45 per share. What is the stock's price if

a. an investor wants a return of 6%?

b. an investor wants a return of 9%?

c. an investor wants a return of 11%?

d. an investor wants a return of 13%?

e. an investor wants a return of 19%?

Reference no: EM132759542

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