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Here are data on two stocks, both of which have discount rates of 16%: Return on equity Earnings per share Dividends per share Stock A

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Here are data on two stocks, both of which have discount rates of 16%: Return on equity Earnings per share Dividends per share Stock A 16% $3.80 $1.90 Stock B 15% $2.80 $1.90 c. What is the proper stock price for each firm? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Stock A Stock B Stock price

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