Abc inc has just set the company dividend policy at 070 per, Financial Management

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Abc inc has just set the company dividend policy at 070 per

ABC, Inc. has just set the company dividend policy at $0.70 per year. The company plans on being in business forever. What is the price of this stock if

a. an investor wants a 7% return?

b. an investor wants an 9% return?

c. an investor wants a 11% return?

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Financial Management: Abc inc has just set the company dividend policy at 070 per

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Financial Management: Abc inc has just set the company dividend policy at 070 per

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