An investor with a required return of $15$ percent for very risky investments in common stock has analyzed three firms and must decide which, if any, to purchase. The information is as follows:

Firm A B C

Current earnings $ $1\mathrm{.}60$ $ $3\mathrm{.}20$ $ $6\mathrm{.}80$

Current dividend $ $2\mathrm{.}10$ $ $2\mathrm{.}50$ $ $6\mathrm{.}40$

Expected annual growth rate in $5\%2\%-3\%$

dividends and earnings

Current market price $ $24$ $ $23$ $ $41$

What is the maximum price that the investor should pay for each stock based on the dividend$-$growth model? Round your answers to the nearest cent.

Stock A: $

Stock B: $

Stock C: $

If the investor does buy stock A$,$ what is the implied percentage return? Round your answer to two decimal places.

$\%$

If the appropriate P$/$E ratio is $17,$ what is the maximum price the investor should pay for each stock? Round your answers to the nearest cent.

Stock A: $

Stock B: $

Stock C: $

If the appropriate P$/$E ratio is $5,$ what is the maximum price the investor should pay for each stock? Round your answers to the nearest cent.

Stock A: $

Stock B: $

Stock C: $