Singing Fish Fine Foods has a current annual cash dividend policy of $2.25. The price of the

Question:

Singing Fish Fine Foods has a current annual cash policy of $2.25. The price of the stock is set to yield a 12% return. What is the price of this stock if the will be paid
a. For 10 years?
b. For 15 years?
c. For 40 years?
d. For 60 years?
e. For 100 years?
f. Forever?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...