Question 4 0/1 pts McGaha Enterprises expects earnings and dividends to grow at a rate of 25% for the next 4 years after the growth rate in earnings and dividends will fall to zero, i.e., g = 0. The company's last dividend, Do, was $1.25, its beta is 1.20, the market risk premium is 5.50%, and the risk-free rate is 3.00%. What is the current price of the common stock? Correct Answer $29.05 You Answered $26.77 $31.42 $30.21