The Isberg Company just paid a dividend of $$0\mathrm{.}75$ per share, and that dividend is expected to grow at a constant rate of $5\mathrm{.}50\%$ per year in the future. The company's beta is $1\mathrm{.}90,$ the market risk premium is $5\mathrm{.}00\%,$ and the risk$-$free rate is $4\mathrm{.}00\%.$ What is the company's current stock price, P$0?$

Question $20$ options:

$$10\mathrm{.}19$

$$9\mathrm{.}89$

$$9\mathrm{.}10$

$$7\mathrm{.}52$

$$10\mathrm{.}98$