The market consensus is that Monster Inc. has an ROE = 7%, a beta of 1.5, and plans to maintain indefinitely its traditional retention ratio of 0.6. End of year's earning is forecasted to be $7 per share. The annual dividend was just paid. The consensus estimate of the coming year's market returns is 6%, and T-bills currently offer a 1.5% return. Find the price at which Monster Inc. stock should sell today.

a. $62.50

b. $67.63

c. $72.04

d. $69.14