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King Waterbeds has an annual cash dividend policy that raises the dividend each year by 5 %. The most recent dividend, Div 0 , was
King Waterbeds has an annual cash dividend policy that raises the dividend each year by 5 %. The most recent dividend, Div 0 , 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 8 %? c.an investor wants a return of 11 %? d.an investor wants a return of 14 %? e.an investor wants a return of 18 %?
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