Miles Hardware has an annual cash dividend policy that raises the dividend each year by 12?%....

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Miles Hardware has an annual cash dividend policy that raisesthe dividend each year by 12?%. Last? year's dividend, Div0, was$1.50 per share. Investors want a return of 17% on this stock. Whatis the? stock's price if
a. the company will be in business for 5 yearsand not have a liquidating? dividend? $ (Round to thenearest? cent.)
b. the company will be in business for 15 yearsand not have a liquidating? dividend? $ (Round to thenearest? cent.)
c. the company will be in business for 30 yearsand not have a liquidating? dividend? $ (Round to thenearest? cent.)
d. the company will be in business for 40 yearsand not have a liquidating? dividend? $ (Round to thenearest? cent.)
e. the company will be in business for 70 yearsand not have a liquidating? dividend? $ (Round to thenearest? cent.)
f. the company will be in business? forever?$ (Round to the nearest? cent.)

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Miles Hardware has an annual cash dividend policy that raisesthe dividend each year by 12?%. Last? year's dividend, Div0, was$1.50 per share. Investors want a return of 17% on this stock. Whatis the? stock's price ifa. the company will be in business for 5 yearsand not have a liquidating? dividend? $________ (Round to thenearest? cent.)b. the company will be in business for 15 yearsand not have a liquidating? dividend? $________ (Round to thenearest? cent.)c. the company will be in business for 30 yearsand not have a liquidating? dividend? $________ (Round to thenearest? cent.)d. the company will be in business for 40 yearsand not have a liquidating? dividend? $________ (Round to thenearest? cent.)e. the company will be in business for 70 yearsand not have a liquidating? dividend? $________ (Round to thenearest? cent.)f. the company will be in business? forever?$________ (Round to the nearest? cent.)