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Please answer both Pfender Guitars has a current annual cash dividend policy of $7.00. The price of the stock is set to yield a return

image text in transcribedimage text in transcribedPlease answer both

Pfender Guitars has a current annual cash dividend policy of $7.00. The price of the stock is set to yield a return of 9%. What is the price of this stock if the dividend will be paid a. for 9 years and then the comapny repurchases the stock for $25? b. for 12 years and then the comapny repurchases the stock for $25? c. for 50 years and then the comapny repurchases the stock for $25? d. for 60 years and then the comapny repurchases the stock for $25? e. for 100 years and then the comapny repurchases the stock for $25? f. forever with no repurchase of the stock? 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 cent.) King Waterbeds has an annual cash dividend policy that raises the dividend each year by 5%. The most recent dividend, Divo, was $0.35 per share. What is the stock's price if a. an investor wants a return of 6%? b. an investor wants a return of 10%? c. an investor wants a return of 11%? d. an investor wants a return of 15%? e. an investor wants a return of 19%? a. What is the stock's price if an investor wants a return of 6%? $ (Round to the nearest cent.)

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