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

Singing Fish Fine Foods has a current annual cash dividend policy of ​$2.00. The price of the stock is set to yield a return of 12%. What is the price of this stock if the dividend will be paid

a. for 12 ​years? $________ ​(Round to the nearest​ cent.)

b. for 16 ​years? $________ ​(Round to the nearest​ cent.)

c. for 42 ​years? $________ ​(Round to the nearest​ cent.)

d. for 50 ​years? $________ ​(Round to the nearest​ cent.)

e. for 100 ​years? $________ ​(Round to the nearest​ cent.)

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

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