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Sia Dance Studios has an annual cash dividend policy that raises the dividend each year by 2%. Last year's dividend, Divo, was $8 per share.
Sia Dance Studios has an annual cash dividend policy that raises the dividend each year by 2%. Last year's dividend, Divo, was $8 per share. The company will be in business for 60 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 11%? c. an investor wants a return of 12%? d. an investor wants a return of 14%? e. an investor wants a return of 18%
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