King Waterbeds has an annual cash dividend policy that raises the dividend each year by $6\%.$ The most recent dividend, Div ${?}_0,$ was $$0\mathrm{.}35$ per share. What is the stock's price if

a$.$ an investor wants a return of $7\%?$

b$.$ an investor wants a return of $8\%?$

c$.$ an investor wants a return of $11\%?$

d$.$ an investor wants a return of $14\%?$

e$.$ an investor wants a return of $18\%?$

a$.$ What is the stock's price if an investor wants a return of $7\%?$

$$83\mathrm{.}28($Round to the nearest cent.$)$