Miles Hardware has an annual cash dividend policy that raises the dividend each year by 10%.

Last year's dividend, Div 0Div0, was $ 1.65 per share. Investors want a return of 16% on this stock. What is the stock's price if

a.the company will be in business for 5 years and not have a liquidating dividend?

b.the company will be in business for 15 years and not have a liquidating dividend?

c.the company will be in business for 25 years and not have a liquidating dividend?

d.the company will be in business for 40 years and not have a liquidating dividend?

e.the company will be in business for 70 years and not have a liquidating dividend?

f.the company will be in business forever?

What is the price of this stock if the company will be in business for (5,15,25,40,70 years, forever), and not have a liquidating dividend? round to nearest cent