Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $2.95 next...
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Finance
Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $2.95 next year. The growth rate in dividends for all three companies is 5 percent. The required return for each company's stock is 8.50 percent, 13.10 percent, and 15.90 percent, respectfully.
a. What is the stock price for Red Inc. ?
b. What is the stock price for Yellow Corp?
c. What is the stock price for Blue Company?
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