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Anderson Motors, Inc. has just set the company dividend policy at 50.85 per year. The company plans to be in business forever. What is the

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Anderson Motors, Inc. has just set the company dividend policy at 50.85 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 7%? c. an investor wants a return of 9%? d. an investor wants a return of 13%? e. an investor wants a return of 17%? a. What is the stock price if an investor wants a return of 6%? (Round to the nearest cent.) b. What is the stock price if an investor wants a return of 7%

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