Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $1.40 next year. The growth rate in dividends for all three companies is 7 percent. The required return for each company's stock is 8.20 percent, 12.50 percent, and 15.20 percent, respectively.

Required:
(a)	What is the stock price for Red. Inc., Company?
	$20.00 $17.07 $4.20 $9.21 $116.67

(b)	What is the stock price for Yellow Corp. Company?
	$25.45 $11.20 $20.00 $4.20 $7.18

(c)	What is the stock price for Blue Company?
	$6.31 $9.21 $20.00 $17.07 $4.20