The Fellini Company just paid a dividend of $$0\mathrm{.}80$ per share, and that dividend is expected to grow at a constant rate of $7\mathrm{.}50\%$ per year in the future. The company's beta is $1\mathrm{.}45,$ the market risk premium is $6\mathrm{.}00\%,$ and the risk$-$free rate is $3\mathrm{.}00\%.$ What is the company's current stock price, $P_0?$

$$20\mathrm{.}48$

$$21\mathrm{.}16$

$$19\mathrm{.}08$

$$19\mathrm{.}56$

$$20\mathrm{.}04$