The growth rate in dividends-what is the stock price

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Reference no: EM13913288

Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $2.60 next year. The growth rate in dividends for all three companies is 4 percent. The required return for each company’s stock is 6 percent, 9 percent, and 12 percent, respectively. What is the stock price for each company?

Stock price Red, Inc. $ = ?

Yellow Corp. $ =?

Blue Company $ =?

Reference no: EM13913288

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