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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

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 1.6, the market risk premium is 5.00%, and the risk-free rate is 4.00%. What is Jameson's current stock price, P0? Select the correct answer.

$10.71

$11.01

$11.31

$11.61

$11.91

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