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Plender Guitars has a current annual cash dividend policy of $700 The price of the stock is set to yield a return of 11% What

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Plender Guitars has a current annual cash dividend policy of $700 The price of the stock is set to yield a return of 11% What is the price of this stock if the dividend will be paid a. for 8 years and then the comapny repurchases the stock for $302 b. for 15 years and then the comapny repurchases the stock for $30? c. for 50 years and then the comapny repurchases the stock for $302 d. for 60 years and then the comapny repurchases the stock for $302 e for 100 years and then the comapny repurchases the stock for $302 1. forever with no repurchase of the stock? a. What is the price of this stock if the dividend will be paid for 3 years and then the comapny ropurchases the stock for $307 (Round to the nearest cont)

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