Pfender Guitars has a current annual cash dividend policy of $4.00

4.00. The price of the stock is set to yield a return of 10

10%. What is the price of this stock if the dividend will be paid

a.for 10

10 years and then the comapny repurchases the stock for $30

30?

b.for 15

15 years and then the comapny repurchases the stock for $30

30?

c.for 40

40 years and then the comapny repurchases the stock for $30

30?

d.for 60

60 years and then the comapny repurchases the stock for $30

30?

e.for 100

100 years and then the comapny repurchases the stock for $30

30?

f.forever with no repurchase of thestock?