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Seitz Glassware is trying to determine its growth rate for an annual cash dividend. ? V I . Seitz Glassware is trying to determine its

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Seitz Glassware is trying to determine its growth rate for an annual cash dividend.

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V I . Seitz Glassware is trying to determine its growth rate for an annual cash dividend. The most recent dividend, Divo, was $0.40 per share. The stock's target return rate is 13%. What is the stock's price if a. the annual growth rate is 2%? b. the annual growth rate is 4%? c. the annual growth rate is 6%? d. the annual growth rate is 8%? e. the annual growth rate is 11%? a. What is the stock's price if the annual growth rate is 2%? $D (Round to the nearest cent.)

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