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Keeban Corporation anticipates paying a dividend of D 1 = $ 1 . 5 0 per share at the end of the year, and that

Keeban Corporation anticipates paying a dividend of D1=$1.50 per share at the end of the year, and that dividend is expected to grow at a constant rate of 7.00% per year in the future. The company's beta is 1.70, the market risk premium is 5.00%, and the risk-free rate is 4.50%. What is the company's current stock price? (5 points)
$18.03
$14.80
$25.00
$13.44
$17.01
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