What is the price of the stock if the company will be in business for 5/20/25/40/70 years in that have a liquidating dividend??

https l/www.marthxLcomStudent/PlayerHomework aspx?homeworkld-399319666&questionlde12&ffushedsfalse&clds42179278centerw GBA 5204 Finance Fall 2016 Homework: Homework th3 Chapters 6, 7, 8 Save Score: 0 of 10 pts 8 of 15 (13 complete) v HW Score: 62.83%, 94.24 of 150 pt P7-7 (similar to) EE Question Help Miles Hardware has an annual cash dividend policy that raises the dividend each year by 11%. Last years dividend, Divo, was $1.75 per share. Investors want a return of 18% on this stock. What is the stock's price if a. the company will be in business for 5 years and not have a liquidating dividend? b. the company will be in business for 20 years and not have a lquidating dividend? c, the company will be in business for 25 years and not have a liquidating dividend? d. the company will be in business for 40 years and not have a liquidating dividend? e. the company will be in business for 70 years and not have a liquidating dividend? f, the company will be in business forever? a. What is the price of this stock if the company wil be in business for 5 years and not have a liquidating dividend? (Round to the nearest cent) Enter your answer in the answer box and then click Check Answer. Clear All remaining To see what to study next, go to your Study Plan