Singing Fish Fine Foods has a current annual cash dividend policy of ?$2.00. The price of...

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Finance

Singing Fish Fine Foods has a current annual cash dividendpolicy of ?$2.00. The price of the stock is set to yield a returnof 12%. What is the price of this stock if the dividend will bepaid

a. for 12 ?years? $________ ?(Round to thenearest? cent.)

b. for 16 ?years? $________ ?(Round to thenearest? cent.)

c. for 42 ?years? $________ ?(Round to thenearest? cent.)

d. for 50 ?years? $________ ?(Round to thenearest? cent.)

e. for 100 ?years? $________ ?(Round to thenearest? cent.)

f. forever? $________ ?(Round to the nearest?cent.)

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Singing Fish Fine Foods has a current annual cash dividendpolicy of ?$2.00. The price of the stock is set to yield a returnof 12%. What is the price of this stock if the dividend will bepaida. for 12 ?years? $________ ?(Round to thenearest? cent.)b. for 16 ?years? $________ ?(Round to thenearest? cent.)c. for 42 ?years? $________ ?(Round to thenearest? cent.)d. for 50 ?years? $________ ?(Round to thenearest? cent.)e. for 100 ?years? $________ ?(Round to thenearest? cent.)f. forever? $________ ?(Round to the nearest?cent.)

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