National Advertising just paid a dividend of Do = $0.75 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 is 1.25, the required return on the market is 12.50%, and the risk-free rate is 4.50%. What is the company's current stock price? $16.03 $103.49 $14.52 $15.26 $15.64 $9.98 $122.41 $14.89