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King Waterbeds has an annual cash dividend policy that raises the dividend each year by 4%. The most recent dividend, Div0,was $0.35 per share. What
King Waterbeds has an annual cash dividend policy that raises the dividend each year by 4%.
The most recent dividend,
Div0,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 9%?
c.an investor wants a return of 11%?
d.an investor wants a return of 13%?
e.an investor wants a return of 19%?
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