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Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $2.90 next year. The growth rate in dividends for all three companies
Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $2.90 next year. The growth rate in dividends for all three companies is 4 percent. The required return for each companys stock is 6 percent, 9 percent, and 12 percent, respectively. What is the stock price for each company?
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