Tho Francis Company is expected to pay a dividend of: $1.25 per inco at the end of the year, and that dividend is expocted to grow at a constant rate of 6.00% per year in the future. The company's beta ia 1.70, the medicat risk premium is 5.50%, and the risk-free rite is 4.00%. What is the company's current stock price? a. $13.44 b. $12.93 c. $17.01 d. $14.80 c. $18.03 22) Calculate the required rate of return for Climax Inc., uting that (1) loviptors expect 4.0% rate of atlon in the future, (2) the rool riak-tros rato la 3.0%, (3) the market vlak promuoja 5,0%, (4) the firm has bols of 1.00, and (5) lite rolibdato al return hea averaged 15.0% over the last 3 yedra. 10.29% b. 10.83% 3.00/5.0) (1.00) = 8:00 c. 1140% d. 12.00% e. 12.60%