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The Francis Company is expected to pay a dividend of D1=$1.85 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=$1.85 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 1.10 , 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. $60.66 b. 564.30 c. $74.00 d. $20.44 e. $30.83

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