What stock price if an investor wants return of six percent

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Problem 1: King Waterbeds has an annual cash dividend policy that raises the dividend each year by 5?%. The most recent? dividend, Div0?, was $0.45 per share. What is the? stock's price if

a. an investor wants a return of 6?%?
b. an investor wants a return of 9?%?
c. an investor wants a return of 11?%?
d. an investor wants a return of 13?%?
e. an investor wants a return of 19?%?

Reference no: EM132752291

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