2024 – Red Inc Yellow Corp and Blue Company each will pay a dividend of 3 20 next year
Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $3.20 next year. The growth rate in dividends for all three companies is 5 percent. The required return for each company’s stock is 8 percent, 11 percent, and 14 percent, respectively. – 2024
Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $3.20 next year. The growth rate in dividends for all three companies is 5 percent. The required return for each company’s stock is 8 percent, 11 percent, and 14 percent, respectively. What is the stock price for each company? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)
Stock price |
|
Red, Inc. |
$ [removed] |
Yellow Corp. |
$ [removed] |
Blue Company |
$ [removed] |
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