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Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $2.65 next year. The growth rate in dividends for all three companies
Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $2.65 next year. The growth rate in dividends for all three companies is 6 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? (Round your answers to 2 decimal places. (e.g., 32.16))
Stock price
Red, Inc. $
Yellow Corp. $
Blue Company $
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