King Waterbeds has an annual cash dividend policy that raises the dividend each year by $6\%.$ The most recent dividend, Div ${?}_0,$ was $$0\mathrm{.}50$ per share. What is the stock's price if

a$.$ an investor wants a return of $7\%?$

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 $19\%?$

a$.$ What is the stock's price if an investor wants a return of $7\%?$

$($Round to the nearest cent.$)$