Gentry Can Company's (GCC) latest annual dividend of $1.20 a share was paid yesterday and maintained its historic 7 percent annuai rate of growth You plan to purchase the stock today because vou belleve that the dividend growth rate will increase to 9 percent for the next three years and the selling price of the stock will be 547 per share at the end of that time. a. How much should you be wiling to pay for the GCC stock if you require a 12 percent return? Do not rounid intermediate caleulationis, Round your answar to the nearest cent. 5 b. What is the maximum price you should be willing to pay for the GCC stock if you believe that the 9 percent growth rate can be maintained indefinitely and you require a 12 percent return? Do not round intermediate calculations. Pound your answer to the nearest cent. c. If the 9 percent rate of growth is achieved, what will the price be at the end of Year 3 , assuming the conditions in Part b? Do not round intermediate calculations. Round your answer to the nearest cent. 3