A Corp, B Corp, and C Corp each plan to pay a dividend of $3.25...
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A Corp, B Corp, and C Corp each plan to pay a dividend of $3.25 next year. The dividend growth rate for all three companies is 4%. The required returns for A Corp is 8%; for B Corp is 11%, and for C Corp is 14%. What is the stock price for each company? State the formula. Show your work.
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