Statoh Smith Software is a new start-up company and will not pay dividends for the first five years of operation. It will then instituto an annual cash dividend policy of $5.00 with a constant growth rate of 3%, with the first dividend at the end of year six. The company will be in business for 25 years istal What is the stock's pace if an investor wants a a return of 11%? b. a return of 15% c. a return of 23%7 d. a return of 38% 5 a. What is the stock's price if an investor wants a return of 11%? (Round to the nearest cont.) b. What is the stock's price it an investor wants a retum of 15%? a (Round to the nearest cent) c. What is the stock's price it an investor wants a return of 23%7 (Round to the nearest cont.) d. What is the stock's pnce it an investor wants a return of 38% ules Is (Round to the nearest cent)