P7-7 (similar to) E Question Help 75 per share. Investors want a return Miles Hardware has an annual cash dividend policy that raises the dividend each year 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 30 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 90 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 5 years and not have a liquidating dividend? $ (Round to the nearest cent) Enter your answer in the answer box and then click Check Answer. Clear Al 5 parts Check Answer 5 remaining