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Seitz Glassware is trying to determine its growth rate for an annual cash dividend. The most recent dividend, Div0, was $0.70 per share. The stock's
Seitz Glassware is trying to determine its growth rate for an annual cash dividend. The most recent dividend,
Div0,
was
$0.70
per share. The stock's target return rate is
11%.
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
10%?
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