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The stock price of a certain company currently sells for $27.75 a share. The stock's dividend is projected to increase at a constant rate of

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The stock price of a certain company currently sells for $27.75 a share. The stock's dividend is projected to increase at a constant rate of 3.50% per year. The beta of this company is 1.45, the risk-free rate is 5.5% and the market risk premium is 9.75%. What is the expected stock price 5 years from today? $38.02 $39.84 $36.27 $34.58 $32.96

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