Anderson Motors, Inc. has just set the company dividend policy at $0.40 per year. The company plans to be in business forever. What is the price of this stock if a.an investor wants a return of 6 %? b.an investor wants a return of 8 %? c.an investor wants a return of 10 %? d.an investor wants a return of 15 %? e.an investor wants a return of 18 %? a.What is the stock price if an investor wants a return of 6 %? $nothing (Round to the nearest cent.)

P7-1 (similar to) Anderson Motors, Inc. has just set the company dividend policy at $0.40 per year. The company plans to be in business forever. What is the price of this stock if a. an investor wants a return of 6%? b. an investor wants a return of 8%? c. an investor wants a return of 10%? d. an investor wants a return of 15%? e. an investor wants a return of 18%? a. What is the stock price if an investor wants a return of 6%? $(Round to the nearest cent.)