Sia Dance Studios has an annual cash dividend policy that raises the dividend each year by 2%. Last year's dividend, Div 0, was $ 4 per share. The company will be in business for 30 years with no liquidating dividend. What is the price of this stock if

a.an investor wants a return of 9%?

b.an investor wants a return of 11%?

c.an investor wants a return of 13%?

d.an investor wants a return of 14%?

e.an investor wants a return of 17%?

a.What is the price of this stock if an investor wants a return of 9%?