Ch 11: End-of-Chapter Problems - Stock Valuation An investor with a required return of 14 percent for very sky investments in common stock has analyzed three firms and must decide which, if any, to purchase. The information is as follows Firm A B C Current earnings $1.50 $3.10 $6.90 Current dividend 5120 $3.00 $6.10 Expected annual growth rate in 8 -29 dividends and earnings Current market price $ 23 24 $42 What is the maximum pot that the investor should pay for each stock based on the dividend growth model? Round your answers to the nearest cent If the investor des buy stock A, what is the implied percentage return Round your answer to two decimal places che porte Werto 17, what is the maximum price the westor should pay for each stock/ Hound your answers to the nearesten Stock AS Hock of the appropriate Weatie is , what is the maximum price the investor should pay for each stock? Round your answers to the nearest cent. Stade AS Stocks