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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

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 constant rate of 6.00% per year in the future. The company's beta is 1.70, the market risk premium is 5.50%, and the risk-free rate is 4.00%. What is the company's current stock price? a. $12.93 O b. $13.44 C. $18.03 d. $14.80 O e. $17.01

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