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A company just paid a dividend of $1.95 per share, and that dividend is expected to grow at a constant rate of 4.50% per year

A company just paid a dividend of $1.95 per share, and that dividend is expected to grow at a constant rate of 4.50% per year in the future. The company's beta is 1.65, the market risk premium is 8.5%, and the risk-free rate is 5.50%. What is the company's current stock price?

$12.72

$13.56

$14.53

$15.64

$16.94

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