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The Francis Company is expected to pay a dividend of D1=$2.45 per share at the end of the year, and that dividend is expected to

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The Francis Company is expected to pay a dividend of D1=$2.45 per share at the end of the year, and that dividend is expected to grow at a constant rate of 6.00% per year in the future. The company's beta is 0.80 , the market risk premium is 5.50%, and the risk-free rate is 3.00% What is the company's current stock price? Do not round intermediate calculations. a. $33.11 b. $185.50 c. $175.00 d. $98.00 e. $40.83

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