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IGM Financial, whose share has a beta of 1.25, has just distributed a dividend of $ 0.40 / share, respecting its historical average growth rate

IGM Financial, whose share has a beta of 1.25, has just distributed a dividend of $ 0.40 / share, respecting its historical average growth rate of 5% per year. If the risk-free interest rate is 1.86% and the market risk premium is 5.12%, then at equilibrium the action should be worth in the market:

A) 12.27 $

B) 12.88 $

C) 0.43 $

D) 0.45 $

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