Shares of Jimmy V Corp are currently selling for $25 each. If T-Bills are currently yielding 2% and if the Market Risk Premium is 8%, with a projected year-end dividend of $1 per share and a Beta of 1.25, what are investors expecting the year-end price to be, if the securities are at equilibrium?

Multiple Choice

None of the above

$28.00

$27.00

$27.50

$28.50