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ABC Company has just paid a dividend of $ 2 . 9 8 per share, and its dividend is expected to grow at a constant

ABC Company has just paid a dividend of $2.98 per share, and its dividend is expected to grow at a constant rate of 4.4% per year in the future. The company's beta is 1.55, the market risk premium is 6.50%, and the risk-free rate is 4.00%. What is the company's current stock price, P0?(Hint: Compute ks first using the CAMP and then Po.)
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$32.58
$32.80
$33.17
$32.16
$32.33

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