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King Waterbeds has an annual cash dividend policy that raises the dividend each year by 6%. 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 6%. The most recent dividend, Divo. was $0.35 per share. What is the stock's price if a. Bn invesior wants a retum of 7\%? b. an investor wants a return of 8% ? c. an investor wants a return of 11\%? d. an ievestor wants a return of 14% ? e. an investor wants a coturn of 17% ? a. What is the stock's price if an imestoe wants a retum of 7% ? 1. (Round to the nearest cent)
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