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The Prancis Company is expected to pay a dividend of D151.25 per share at the end of the year, and that dividead is expected to

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The Prancis Company is expected to pay a dividend of D151.25 per share at the end of the year, and that dividead is expected to grow at a constant rate of 6.00. per year in the futare. The company's beta is 0.85, the market risk premium is 5.50%, and the risk-free rate is 4.00%. What is the company's current stock price? Do not round intermediate calculations: a. 554,21 b. 54673 c. $47.66 d. 549.53 e. 551.40

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