14. A firm just reported an EPS of $5. You also know that the firm's profit margin, asset turnover and leverage ratios are 15%, 50% and 1.2 respectively. The company just declared a dividend of $2 per share. What is the value of the stock if the required rate of return on the stock is 12%?

a. 23.81

b. 20

c. 20.44

d. 24.67

e. none of the above