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3. Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $3.30 next year. The growth rate in dividends for all three

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3. Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $3.30 next year. The growth rate in dividends for all three companies is 4 percent. The required return for each company's stock is 9.00 percent 11.50 percent, and 14.90 percent, respectively Required: (a) What is the stock price for Red, Inc., Company? (Click to select) (b) What is the stock price for Yellow Corp. Company? (Click to select) (c) What is the stock price for Blue Company? (Click to select) 9. An investment project costs $17,000 and has annual cash flows of $3,900 for six years. Required: (a) What is the discounted payback period if the discount rate is zero percent? (Click to select) (b) What is the discounted payback period if the discount rate is 4 percent? (Click to select) (c) What is the discounted payback period if the discount rate is 20 percent (Click to select)

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