Pfender Guitars has a current annual cash dividend policy of $5.00 The price of the stock is set to yield a return of 8% ......

Score: 0 of 5 pts 4 I 4 of 11 (3 complete) V ) HW Score: 27.27%. 15 of 55 pts P74 (similar '20) mQuestion Help #- Pfender Guitars has a current annual cash dividend policy of $5.00. The price of the stock is set to yield a return of 8%. What is the price of this stock if the dividend will be paid for 9 years and then the comapny repurchases the stock for $25? for 11 years and then the comapny repurchases the stock for $25? for 50 years and then the comapny repurchases the stock for $25? for 60 years and then the comapny repurchases the stock for $25? far 100 years and then the comapny repurchases the stock for $25? lorever with no repurchase of the stock? e999?! a. What is the price of this stock if the dividend will be paid for 9 years and then the comapny repurchases the stock for $25? (Round to the nearest cents) Enter your answer in the answer box and then click Check Answer. 5 Reanr'trgining I ' ClearAll FInalCheck ' 4 . p