An investor with a required return of 11 percent for very risky investments in common stock has analyzed three firms and must dedide which, if any purchase. The information is as follows: Firm Current earnings Current dividend Expected annual growth rate in dividends and earnings Current market price $1.50 $3.10 $7.40 $0.80 $3.10 $6.00 5% 2% -1% s 19 43 $ 53 a. What is the maximum price that the investor should pay for each stock based on the dividend-growth model? Round Stock A: $ Stock B: $ Stock C:3 cent. b. If the investor does buy stock A, what is the implied percentage return? Round your answer to two decimal places c. 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 4, 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