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The country is in the grip of a pandemic crisis that is expected to last for two more years. The national retailer company, GoBuy is

The country is in the grip of a pandemic crisis that is expected to last for two more years. The national retailer company, GoBuy is experiencing stellar economic performance from massive buying from a nervous population. GoBuy just paid a dividend of $2.25/share but expects to grow that by 5% during the time of the pandemic crisis. Afterwards, growth will tilt heavily back to 1.5%. The beta for GoBuy is 0.9, the RFR is 1%, and the market return is 6%. What is the fair value for GoBuy stock today?

A.$59.74

B.$61.02

C.$57.94

D.$58.09

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