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Green Company, Red, Incorporated, and Gold Corporation each will pay a dividend of $3.50 next year. The growth rate in dividends for all three companies
Green Company, Red, Incorporated, and Gold Corporation each will pay a dividend of $3.50 next year. The growth rate in dividends for all three companies is 1.5 percent. Given the required returns shown below, what is the stock price for each company? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
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