Please give me correct answers I will ratte you the highest Sia Dance Studios ha

Question

Please give me correct answers I will ratte you the highest

Sia Dance Studios has an annual cash dividend policy that raises the dividend each year by 5%. Last year's dividend, Div0, was $5 per share. T company will be in business for 50 years with no liquidating dividend. What is the price of this stock if an investor wants a return of 9%? an investor wants a return of 11%? an investor wants a return of 13%? an investor wants a return of 15%? an investor wants a return of 17%? What is the price of this stock if an investor wants a return of 9%? $ (Round the nearest cent.) What is the price of this stock if an investor wants a return of 11%? $ (Round the nearest cent.) What is the price of this stock if an investor wants a return of 13%? $ (Round the nearest cent.) What is the price of this stock if an investor wants a return of 15%? $ (Round the nearest cent.) What is the price of this stock if an investor wants a return of 17%? $ (Round the nearest cent.)

Explanation / Answer

return is 9% . let x be the cost of stock

return is the divident on each share

hence 0.09 x =5

value of stock x =55.56 $

.....

similarly

for dividend at 11%

value of stock =45.45$

...

or dividend at 13%

value of stock =38.46

...

or dividend at 15%

value of stock =33.33

...

or dividend at 17%

value of stock =29.41

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