Dietterich Electronics wants its shareholders to earn a return of

Dietterich Electronics wants its shareholders to earn a return of 9% on their investment in the company. At what price would the stock need to be priced today if Dietterich Electronics had a a. $0.40 constant annual dividend forever? b. $1.10 constant annual dividend forever? c. $1.80 constant annual dividend forever? (I. $3.40 constant annual dividend forever? a. The value of the stock for an investor who wants a return of 9% with a constant annual dividend of $0.40 forever is: $D (Round to the nearest cent.)