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A Company just paid a dividend of $0.65 per share, and that dividend is expected to grow at a constant rate of 4.75% per year

A Company just paid a dividend of $0.65 per share, and that dividend is expected to grow at a constant rate of 4.75% per year in the future. The company's beta is 1.1, the market risk premium is 5.10%, and the risk-free rate is 2.25%. What is the company's current stock price, Po? Do not round intermediate calculations. a. $13.22 b. $10.98 c. $21.89 d. $16.49 e. $53.94 Code

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