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Sia Dance Studios has an annual cash dividend policy that raises the dividend each year by 4%. Last year's dividend, Div, was $6 per share.
Sia Dance Studios has an annual cash dividend policy that raises the dividend each year by 4%. Last year's dividend, Div, was $6 per share. The company will be in business for 70 years with no liquidating dividend. What is the price of this stock if a.an investor wants a return of 7%? b.an investor wants a return of 11%? c.an investor wants a return of 13%? d.an investor wants a return of 15%? e.an investor wants a return of 18%?
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