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King Waterbeds has an annual cash dividend policy that raises the dividend each year by 6%. The most recent dividend, Divo, was $0.40 per share.

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King Waterbeds has an annual cash dividend policy that raises the dividend each year by 6%. The most recent dividend, Divo, was $0.40 per share. What is the siock's price if a. an investor wants a return of 7\%? b. an investor wants a return of 10% ? c. an investor wants a retum of 11% ? d. an investor wants a return of 14\%? e. an investor wants a return of 16%

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