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Seitz Glassware is trying to determine its growth rate for an annual cash dividend. The most recent dividend, Div 0, was $0.70 per share. The

image text in transcribed Seitz Glassware is trying to determine its growth rate for an annual cash dividend. The most recent dividend, Div 0, was $0.70 per share. The stock's target return rate is 12%. What is the stock's price if a. the annual growth rate is 2% ? b. the annual growth rate is 5% ? c. the annual growth rate is 7% ? d. the annual growth rate is 8% ? e. the annual growth rate is 11%

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