I only need the answers for C.) What is the proper stock proce for each firm?

I keep getting $25.20 for stock A but thats not the correct answer

Saved Chapter 7 Assignment i 5 Here are data on two stocks, both of which have discount rates of 10%: 1 points Return on equity Earnings per share Dividends per share Stock A 10% $2.40 $1.20 Stock B 8% $1.60 $1.20 a. What are the dividend payout ratios for each firm? (Enter your answers as a Stock A Stock B Dividend payout ratios 50.00 % 75.00 % b. What are the expected dividend growth rates for each stock? (Do not round i b. What are the expected dividend growth rates for each stock? (Do not round intermediate as a percent rounded to 2 decimal places.) Stock A Stock B Expected dividend growth rates 5.00% 2.00% c. What is the proper stock price for each firm? (Do not round intermediate calculations. Roun places.) Stock A Stock B Stock price