Afirm has experienced a constant annual rate of dividend growth of 6 percent on its common stock and expects the dividend per share in the coming year to be $2.40. The required rate of return on the stock is 10 percent. The value of the firm's common stock is $60 O $63 O $72 $48 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 O $40.71 O $37.86 O $42.54 O $51.83