Sia Dance Studios has an annual cash dividend policy that raises the dividend each year by 2%. Last year's dividend, Divo, was $7 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 13%? 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.)