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The Isberg Company just paid a dividend of $2.05 per share, and that dividend is expected to grow at a constant rate of 5.50% per

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The Isberg Company just paid a dividend of \$2.05 per share, and that dividend is expected to grow at a constant rate of 5.50% per year in the future. The company's beta is 0.80, the market risk premium is 5.00%, and the risk-free rate is 4.00%. What is the company's current stock price, P0 ? Do not round intermediate calculations. a. $82.00 b. $61.79 c. $39.32 d. $58.57 e. $86.51

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