Question: part c please Here are data on two stocks, both of which have discount rates of 10%: Return on equity Earnings per share Dividends per
Here are data on two stocks, both of which have discount rates of 10%: Return on equity Earnings per share Dividends per share Stock A Stock B 10% 8% $2.40 $1.40 $1.20 $1.20 a. What are the dividend payout ratios for each firm? (Enter your answers as a percent rounded to 2 decimal places.) Answer is complete and correct. Dividend payout ratios Stock A 50.00 Stock B 85.72 % b. What are the expected dividend growth rates for each stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Answer is complete and correct. Expected dividend growth rates Stock A 5.00 % Stock B 1.14 % c. What is the proper stock price for each firm? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Stock A Stock B S 25.20 X $ 13.70 X Stock price
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