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Lemmon Landscaping is expected to pay a dividend of D1=$1.25 per share at the end of the year, and that dividend is expected to grow

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Lemmon Landscaping is expected to pay a dividend of D1=$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. Lemmon's beta is 1.15, the market risk premium is 5.50% and the risk-free rate is 4.00%. What is Lemmon's current stock price? a) $28.90 b) $29.62 c) $30.36 d) $31.12 e) $31.90

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