the francis company is expected to pay a dividend of D1=$1.25 per share at the end of the year, and that dividend is expected to grow at a constabt rate of 6.00% per year in the future. the company's beta is 1.00, the market risk premium is 5.00% and the risk free rate is 4.00%. what is the current intrinsic value of the company's stock per share?

1. $31.12

2. $ 28.90

3. $41.67

4. $30.36

5. $13.89