Consider the following three stocks:

1. Stock A is expected to provide a dividend of $10.40 a share forever.
2. Stock B is expected to pay a dividend of $5.40 next year. Thereafter, dividend growth is expected to be 2.00% a year forever.
3. Stock C is expected to pay a dividend of $5.40 next year. Thereafter, dividend growth is expected to be 18.00% a year for five years (i.e., years 2 through 6) and zero thereafter.

a-1. If the market capitalization rate for each stock is 8.00%, what is the stock price for each of the stocks?

Stock price for stock A,Stock B, Stock C