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Falcon Media Company is expected to pay a dividend of D_1 = $1.25 per share at the end of the year, and that dividend is

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Falcon Media Company is expected to pay a dividend of D_1 = $1.25 per share at the end of the year, and that dividend is expected to grow at a constant rate of 6.00% per year in the future. The company's beta is 1.15, the market risk premium is 5.50%, and the risk-free rate is 4.00%. What is the company's current stock price? $29.62 $28.90 $30.36 $31.12 $31.90

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