An investor with a required return of 13 percent for very risky investments in common stock has analyzed three firms and must decide which, if any, to purchase. The information is a follows: Firm Current earnings Current dividend Expected annual growth rate in dividends and earnings Current market price $1.50 $3.20 $6.60 $1.50 $4.20 $5.70 6% 3% -2% s 26 S0 38 a. 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:s Stock C: $ b. If the investor does buy stock A, what is the implied percentage return? Round your answer to two decimal places 22.71 5,77 % c. If the appropriate P/E ratio is 18, 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: $ 50.78 Stock B:$ Stock C:$ 43