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Sia Dance Studios has an annual cash dividend policy that raises the dividend each year by 5%. Last year's dividend, Div 0, was $5 per
Sia Dance Studios has an annual cash dividend policy that raises the dividend each year by 5%. Last year's dividend, Div 0, was $5 per share. The company will be in business for 50 years with no liquidating dividend. What is the price of this stock if
a. an investor wants a return of 8%?
b.an investor wants a return of 10%?
c.an investor wants a return of 12%?
d.an investor wants a return of 15%?
e.an investor wants a return of 16%?
Sia Dance Studios has an annual cash dividend policy that raises the dividend each year by 5%. Last year's dividend, Divo, was $5 per share. The company will be in business for 50 years with no liquidating dividend. What is the price of this stock if a. an investor wants a return of 8%? b. an investor wants a return of 10%? c. an investor wants a return of 12%? d. an investor wants a return of 15%? e. an investor wants a return of 16%? a. What is the price of this stock if an investor wants a return of 8%? $ (Round to the nearest cent.) Sia Dance Studios has an annual cash dividend policy that raises the dividend each year by 5%. Last year's dividend, Divo, was $5 per share. The company will be in business for 50 years with no liquidating dividend. What is the price of this stock if a. an investor wants a return of 8%? b. an investor wants a return of 10%? c. an investor wants a return of 12%? d. an investor wants a return of 15%? e. an investor wants a return of 16%? a. What is the price of this stock if an investor wants a return of 8%? $ (Round to the nearest cent.)Step by Step Solution
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