The Francis Company is expected to pay a dividend of D1=$1.35 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 1.50 , 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. $27.26 b. $12.00 c. $54.00 d. $25.71 e. $22.50