Assume the risk$-$free rate is $6\%$ and the market risk premium is $6\%.$ The stock of Physicians

Care Network $($PCN$)$ has a beta of $1\mathrm{.}5.$ The last dividend paid by PCN $($D$0)$ was $$2$ per share.

What would PCN$$s stock value be if the dividend were expected to grow at a constant rate of

$0\%.$

Choice: $$0\mathrm{.}00$

Choice: $$5\mathrm{.}05$

Choice: $$13\mathrm{.}33$

Choice: $$20\mathrm{.}40$