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King Waterbeds has an annual cash dividend policy that raises the dividend each year by 4%. The most recent dividend, Div 0 , was $0.35

image text in transcribed King Waterbeds has an annual cash dividend policy that raises the dividend each year by 4%. The most recent dividend, Div 0 , was $0.35 per share. What is the stock's price if a. an investor wants a return of 6% ? b. an investor wants a return of 10% ? c. an investor wants a return of 11% ? d. an investor wants a return of 12% ? e. an investor wants a return of 17%

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