King Waterbeds has an annual cash dividend policy that raises the dividend each year by 5%. The most recent dividend, Div0, was $0.45 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 15%?

e.an investor wants a return of 19%?

a.What is the stock's price if an investor wants a return of 6%?