King Waterbeds has an annual cash dividend policy that raises the dividend each year by 5%. The most recent dividend, Divo. was $0.50 per share. What is the stock's price if a. an investor wants a return of 6%? b. an investor wants a retum of 9%? c. an investor wants a return of 11%? d. an investor wants a return of 14%? e. an investor wants a return of 17%? 2. What is the stock's prion If an investor wants a retum of 6%? (Round to the nearest cont.)