Help on question 3, parts A-E

King Waterbeds has an annual cash dividend policy that raises the dividend each year by 5%. The most recent dividend, Div,, was $0.50 per share. What is the stock's price if a. an investor wants a return of 7%? b. an investor wants a return of 10%? c. an investor wants a return of 11%? d. an investor wants a return of 14%? e. an investor wants a return of 19%? a. What is the stock's price if an investor wants a return of 7%? $ (Round to the nearest cent. )