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The Jameson Company just paid a dividend of $ 0 . 7 5 per share, and that dividend is expected to grow at a constant

The Jameson Company just paid a dividend of $0.75 per share, and that dividend is expected to grow at a constant rate of 5.00% per year in the future. The
company's beta is 1.4, the market risk premium is 5.00%, and the risk-free rate is 4.00%. What is Jameson's current stock price, Po?
Select the correct answer.
a. $13.13
b. $12.17
c. $11.85
d. $12.49
e. $12.81
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