Red, inc., yellow corp., and blue company each will pay a dividend of $3.65 next year. the growth rate in dividends for all three companies is 4 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 and round your answers to 2 decimal places, e. g., 32.16.)

On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?