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The investment dealer of Saskatchewan Cloud Inc. uses a dividend valuation model to appraise the shares of Lambert Aerospace Company. Dividends (01) at the end

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The investment dealer of Saskatchewan Cloud Inc. uses a dividend valuation model to appraise the shares of Lambert Aerospace Company. Dividends (01) at the end of the current year will be $1.70. The growth rate (g) is 10 percent and the discount rate (Ke) is 13 percent. (Round the intermediate calculations and the final answer to 2 decimal places.) a. What should be the price of the stock to the public? Price of the stock $ a b. If there is a 3 percent total underwriting spread on the stock, how much will the issuing corporation receive? Net price to the corporation $ c. If the issuing corporation requires a net price of $ 55.17 (proceeds to the corporation) and there is a 3 percent underwriting spread, what should be the price of the stock to the public? Price of the stock to the public

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