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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 $0.40 per

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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 $0.40 per share. What is the stock's price if a. an investor wants a return of 5% ? b. an investor wants a return of 8% ? c. an investor wants a return of 10% ? d. an investor wants a return of 13% ? e. an investor wants a return of 20% ? a. What is the stock's price if an investor wants a return of 5% ? (Round to the nearest cent.) b. What is the stock's price if an investor wants a return of 8% ? (Round to the nearest cent.) c. What is the stock's price if an investor wants a return of 10% ? (Round to the nearest cent.) d. What is the stock's price if an investor wants a return of 13% ? (Round to the nearest cent.) e. What is the stock's price if an investor wants a return of 20%

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