An investor with a required return of 15 percent for very risky investments in common stock has analyzed three firme and must decide which, if any, to purchase. The information is as follows: C Firm A Current earnings $2.20 $3.30 $6.60 Current dividend $1.00 $4.00 $6.70 Expected annual growth rate in 79 1% -2% dividends and eamings Current market price $ 14 $ 35 $ 46 a. What is the maximum price that the investor should pay for each stock based on the dividend-growth model Round your answtes to the nearest cent. Stock A: 5 Stock : Stock C3 b. If the investor does buy stock A, what is the implied percentage return? Hound your answell to two decimal places c. If the appropriate P/E ratio is 14, 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: 5 Stock ! Stock CIS