If the required rate of return for each stock is 12.00%, what is the stock price for each of the stocks?

Consider the following three stocks:
▪ Stock A is expected to provide a dividend of $12.10 a share forever.
▪ Stock B is expected to pay a dividend of $6.10 next year. Thereafter, dividend growth
is expected to be 5.00% a year forever.
▪ Stock C is expected to pay a dividend of $4.90 next year. Thereafter, dividend growth
is expected to be 21.00% a year for five years (i.e., years 2 through 6) and zero
thereafter.
If the required rate of return for each stock is 12.00%, what is the stock price for each of
the stocks?