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Anderson Motors, Inc. has just set the company dividend policy at $0.35 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 $0.35 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 3% ? b. an investor wants a return of 7% ? c. an investor wants a return of 9% ? d. an investor wants a retum of 16% ? e. an investor wants a return of 17% ? a. What is the stock price if an investor wants a return of 3% ? \$ (Round to the nearest cent.)

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