King Waterbeds has an annual cash dividend policy that raises the dividend each year by

?

King Waterbeds has an annual cash dividend policy that raises the dividend each year by 5%. The most recent dividend, Diva, was $0.45 per share. What is the stock's price if an investor wants a return of 6%? an investor wants a return of 8%? an investor wants a return of 11%? an investor wants a return of 15%? an investor wants a return of 17%? soaps-w a. What is the stock's price if an investor wants a return of 6%? $E| (Round to the nearest cent.)