If the Bahamian Government Treasury bills currently yield 6.40% and you expect the market to increase at an annual rate of 12 10%, given the below details FIRM JBR FYP Current earnings $200 $320 Current dividend $1.00 $300 Expected annual growth 796 296 Beta 0.88 11.35 Current market price $23.00 $32 00 a) b) What are the valuations of these stocks based on the dividend growth model? Which stock should be purchased and why? What is the implied percentage return of each stock? If the appropriate P/E ratio is 12, what is the maximum price the investor should pay for each stock? C) d)