Miles Hardware has an annual cash dividend policy that raises the dividend each year by

?

Miles Hardware has an annual cash dividend policy that raises the dividend each year by 12%. Last year's dividend, Divo, was $1.35 per share. Investors want a return of 16% on this stock. What is the stock's price if the company will be in business for 10 years and not have a liquidating dividend? the company will be in business for 15 years and not have a liquidating dividend? the company will be in business for 30 years and not have a liquidating dividend? the company will be in business for 35 years and not have a liquidating dividend? the company will be in business for 75 years and not have a liquidating dividend? the company will be in business forever? $99??? a. What is the price of this stock if the company will be in business for 10 years and not have a liquidating dividend? $:| (Round to the nearest cent.)