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Singing Fish Fine Foods has a current annual cash dividend policy of $2.75. The price of the stock is set to yield a return of
Singing Fish Fine Foods has a current annual cash dividend policy of $2.75. The price of the stock is set to yield a return of 14%.
What is the price of this stock if the dividend will be paid
a. for 10 years?
b. for 15 years?
c. for 40 years?
d. for 50 years?
e. for 100 years?
f. forever?
(Please show a full equation for computing one of the answers)
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