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ABC Company has just paid a dividend of $3.48 per share, and its dividend is expected to grow at a constant rate of 4.8% per

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ABC Company has just paid a dividend of $3.48 per share, and its dividend is expected to grow at a constant rate of 4.8% per year in the future. The company's beta is 1.38, the market risk premium is 6.50%, and the risk-free rate is 4.00%. What is the company's current stock price, Po? (Hint: Compute ks first using the CAMP and then Po.) $44.13 $44.64 $45.02 $43.23 $43.76

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