Ashley Furniture is expected to pay a dividend of D1 = $1.35 per share at the end of the year, and that dividend is expected to grow at a constant rate of 5.50% per year in the future. The company's beta is 1.05, the market risk premium is 7.50%, and the risk-free rate is 3.50%. What is Ashley's current stock price? $23.71 $20.34 $21.20 $22.98 $24.82