Assume that a share of stock has just paid a dividend (D0) of $1.32 per share and that this dividend is expected to grow at a long-run annual growth rate of 5 percent. Also assume that the beta on this stock is 1.20, the risk-free rate is 4 percent, and the required rate of return on the market is 10 percent. Given this information, determine the current price of this share of stock. (Do not round dollar values until your final answer.) A. $24.55 B. $21.25 C. $23.45 D. $25.65 E. $22.35