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Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $3.30 next year. The growth rate in dividends for all three companies
Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $3.30 next year. The growth rate in dividends for all three companies is 5 percent. The required return for each companys stock is 7 percent, 10 percent, and 13 percent, respectively. What is the stock price for each company? (If possible solve using formulas) |
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