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The Francis Company is expected to pay a dividend of D1=$1.25 per share at the end of the year, and that dividend is expected to grow at a constant rate of 6.00% per year in the future. The company's beta is 0.80 , the market risk premium 5.50%, and the risk-free rate is 4.00%. What is the company's current stock price? Do not round intermediate calculations a. $55.21 b. $52.08 c. $35.71 d. $20,83 e. $1488