King Waterbeds has an annual cash dividend policy that raises the dividend each year by 4%. The most recent dividend, Div0, was $0.40per share. What is the stock's price if

a.an investor wants a return of 7%?

b.an investor wants a return 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 18%?