King Waterbeds has an annual cash dividend policy that raises the dividend each year by 4%. The most recent dividend. Divo-was $0.45 per share. What is the stock's price if a. an investor wants a return of 7%? b, an investor wants a retum of 8%? c. an investor wants a return of 11%? d, an investor wants a return of 12%? e, an investor wants a return of 17%