A common stock currently has a beta of 1.7 , the risk-free rate is 5 percent annually, and the market return is 12 percent annually. The stock is expected to generate a constant dividend of $5.70 per share. A pending lawsuit has just been dismissed and the beta of the stock drops to 1.2. The new equilibrium price of the stock will be $40.71 $37.86 $51.83 $42.54