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King Waterbeds has an annual cash dividend policy that raises the dividend each year by 5%. The most recent dividend, Divo, was $0.35 per share.
King Waterbeds has an annual cash dividend policy that raises the dividend each year by 5%. The most recent dividend, Divo, 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 10%? c. an investor wants a return of 11%? d. an investor wants a return of 13%? e. an investor wants a return of 17%? Dietterich Electronics wants its shareholders to earn a return of 15% on their investment in the company. At what price would the stock need to be priced today if Dietterich Electronics had a a. $0.30 constant annual dividend forever? b. $0.90 constant annual dividend forever? c. $1.90 constant annual dividend forever? d. $3.30 constant annual dividend forever
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