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g Shiner Corporation just paid a dividend of DO = $0.9 per share, and that dividend is expected to grow at a constant rate of

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Shiner Corporation just paid a dividend of DO = $0.9 per share, and that dividend is expected to grow at a constant rate of 6.50% per year in the future. The company's beta i 1.25, the required return on the market is 10.50%, and the risk-free rate is 4.50%. What is the company's current stock price? 1) $17.43 2) $17.80 3) $17.93 4) $18.13 5) $19.23

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