Red, Inc., Yellow Corp., and Blue Company each will pay a dividend of $2.85 next year. The growth rate in dividends for all three companies is 5 percent. The required return for each company’s stock is 7 percent, 10 percent, and 13 percent, respectively. What is the stock price for each company? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Stock price
Red, Inc. $
Yellow Corp. $
Blue Company $