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PLEASE SHOW HOW YOU ARRIVED AT YOUR ANSWER. THANK YOU The current dividend on stock ABC is $3.70 per share (i.e. Do), and the dividend

PLEASE SHOW HOW YOU ARRIVED AT YOUR ANSWER. THANK YOU

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The current dividend on stock ABC is $3.70 per share (i.e. Do), and the dividend is expected to grow at 6.00 percent per year. The prevailing riskfree rate is 5.00 % and the return on the market is 9.00 %. If the beta of the firm is 1.3, what is its current stock price

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