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Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $2.95 next year. The growth rate in dividends for all three companies

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Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $2.95 next year. The growth rate in dividends for all three companies is 5 percent. The required return for each company's stock is 9.10 percent, 12.70 percent, and 14.80 percent, respectively Required (a) What is the stock price for Red. Inc., Company? $32.42 (b) What is the stock price for Yellow Corp. Company? $38.31 (c) What is the stock price for Blue Company? $59.00

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