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Miles Hardware has an annual cash dividend policy that raises the dividend each year by 1 1 % . Last year's dividend, Div ? 0
Miles Hardware has an annual cash dividend policy that raises the dividend each year by Last year's dividend, Div was $ per share. Investors want a return of on this stock. What is the stock's price if
a the company will be in business for years and not have a liquidating dividend?
b the company will be in business for years and not have a liquidating dividend?
c the company will be in business for' years and not have a liquidating dividend?
d the company will be in business for years and not have a liquidating dividend?
e the company will be in business for years and not have a liquidating dividend?
f the company will be in business forever?
a What is the price of this stock if the company will be in business for years and not have a liquidating dividend?
$ Round to the nearest cent.Please answer all
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