FINA 3770 Fall 2020 Homework: Chapter 7 Homework Score: 0 of 1 pt 13 of 26 (19 complete) P7-5 (similar to) King Waterbeds has an annual cash dividend policy that raises the dividend each year by 4%. The most recent dividend, Divo. was $0.45 per share. What is the stock's price if a. an investor wants a return of 7%? b. an investor wants a return of 9%? c. an investor wants a return of 11%? d. an investor wants a return of 15%? e. an investor wants a return of 18%? a. What is the stock's price if an investor wants a retum of 7%? $ (Round to the nearest cent.) Question Viewer Enter your answer in the answer box and then click Check Answer. Clear All 4 parts remaining