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The risk-free rate is 2.5%, the market risk premium is 9.00% and a stock's beta is 0.85. The stock just paid a dividend of $3

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The risk-free rate is 2.5%, the market risk premium is 9.00% and a stock's beta is 0.85. The stock just paid a dividend of $3 (i.e., DO =3 ), which is expected to grow at 25% for the next three years and 2% forever after that. The stock should sell for $ 51.22 56.45 61.77 66.52

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