Question Help Pfender Guitars has a current annual cash dividend policy of $4.00. The price of the stock is set to yield a return of 7%. What is the price of this stock the dividend will be paid a. for 8 years and then the comapny repurchases the stock for $307 b. for 12 years and then the comapny repurchases the stock for $302 c. for 40 years and then the comapny repurchases the stock for $507 d. for 60 years and then the comapny repurchases the stock for $30? o. for 100 years and then the comapny repurchases the stock for $307 1. forver with no mourn of the stock