Red, Incorporated, Yellow Corporation, and Blue Company each will pay a dividend of $1.45 next year. The growth rate in dividends for all three companies is 5 percent. The required return for each company's stock is 8.30 percent, 11.30 percent, and 15.50 percent, respectively.

What is the stock price for Red, Incorporated?

a. $43.94

b. $17.47

c. $29.00

d. $10.90

e. $4.35

What is the stock price for Yellow Corporation?

a. $23.02

b. $12.83

c. $29.00

d. $8.90

e. $4.35

What is the stock price for Blue Company

a. $13.81

b. $9.35

c. $29.00

d. $7.07

e. $4.35