\begin{tabular}{lccc} Firm & A & B & C \\ \hline Current earnings & $1.90 & $3.30 & $7.10 \\ Current dividend & $0.80 & $2.00 & $8.00 \\ Expected annual growth rate in & 6% & 3% & 3% \\ dividends and earnings & & & \\ Current market price & $18 & $21 & $52 \end{tabular} 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: \$ Stock C: \$ 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 10, what is the maximum price the investor should pay for each stock? Round your answers to the nearest. 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: $