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19. The Francis Company's most recent dividend paid $1.25. Dividends are expected to grow at a constant rate of 6.00% per year. The company's beta

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19. The Francis Company's most recent dividend paid $1.25. Dividends are expected to grow at a constant rate of 6.00% per year. The company's beta is 1.15, the market risk premium is 5.50%, and the risk-free rate is 4.00%. What is the company's current stock price? a) $32.67 b) $28.55 c) $30.64 d) $24.50

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