Dietterich Electronics wants its shareholders to earn a return of $12\%$ on their investment in the company. At what price would the stock need to be priced today if Dietterich Electronics had a

a$.$ $$0\mathrm{.}30$ constant annual dividend forever?

b$.$ $$1\mathrm{.}00$ constant annual dividend forever?

c$.$ $$1\mathrm{.}70$ constant annual dividend forever?

d$.$ $$3\mathrm{.}30$ constant annual dividend forever?

a$.$ The value of the stock for an investor who wants a return of $12\%$ with a constant annual dividend of $$0\mathrm{.}30$ forever is:

$($Round to the nearest cent.$)$

b$.$ The value of the stock for an investor who wants a return of $12\%$ with a constant annual dividend of $$1\mathrm{.}00$ forever is:

$($Round to the nearest cent.$)$

c$.$ The value of the stock for an investor who wants a return of $12\%$ with a constant annual dividend of $$1\mathrm{.}7$