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The Francis Company is expected to pay a dividend of D1 = $2.25 per share at the end of the year, and that dividend is

The Francis Company is expected to pay a dividend of D1 = $2.25 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 2.0, the market risk premium is 6%, and the risk-free rate is 4.00%. What is the company's current stock price? Group of answer choices $19.93 $15.44 $14.80 $17.01 $18.75

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