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Seitz Glassware is trying to determine its growth rate for an annual cash dividend. The...

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Finance

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Seitz Glassware is trying to determine its growth rate for an annual cash dividend. The most recent dividend, Divo, was $0.50 per share. The stock's target return rate is 10%. What is the stock's price if a. the annual growth rate is 2%? b. the annual growth rate is 5%? c. the annual growth rate is 7%? d. the annual growth rate is 8%? e. the annual growth rate is 9%? O a. What is the stock's price if the annual growth rate is 2%? (Round to the nearest cent.) b. What is the stock's price if the annual growth rate is 5%? (Round to the nearest cent.) c. What is the stock's price if the annual growth rate is 7%? (Round to the nearest cent.) d. What is the stock's price if the annual growth rate is 8%? (Round to the nearest cent.) e. What is the stock's price if the annual growth rate is 9%? (Round to the nearest cent.)

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