Miles Hardware has an annual cash dividend policy that raisesthe dividend each year by 11?%. Last? year's dividend, Div0?, was$1.50 per share. Investors want a return of 17?% on this stock.What is the? stock's price if
a.?the company will be in business for 5 years and not have aliquidating? dividend?
b.?the company will be in business for 15 years and not have aliquidating? dividend?
c.?the company will be in business for 30 years and not have aliquidating? dividend?
d.?the company will be in business for 50 years and not have aliquidating? dividend?
e.?the company will be in business for 90 years and not have aliquidating? dividend?
f.??the company will be in business? forever?
