Anderson Motors, Inc. has just set the company dividend policy at $0.30 per year. The company plans to be in business fo

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Anderson Motors, Inc. has just set the company dividend policy at $0.30 per year. The company plans to be in business fo

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Anderson Motors Inc Has Just Set The Company Dividend Policy At 0 30 Per Year The Company Plans To Be In Business Fo 1
Anderson Motors Inc Has Just Set The Company Dividend Policy At 0 30 Per Year The Company Plans To Be In Business Fo 1 (109.45 KiB) Viewed 21 times
Anderson Motors, Inc. has just set the company dividend policy at $0.30 per year. The company plans to be in business forever. What is the price of this stock if a. an investor wants a return of 5%? b. an investor wants a return of 7%? c. an investor wants a return of 9%? d. an investor wants a return of 16%? e. an investor wants a return of 18%? a. What is the stock price if an investor wants a return of 5%? (Round to the nearest cent.)
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