URGENT

3 Question 2 1 pts ABC Manufacturing has a beta of 1.50, the risk-free rate of interest is currently 12 percent, and the required return on the market portfolio is 18 percent. The company plans to pay a dividend of $2.45 per share in the coming year and the anticipates that its future dividends will increase at an annual rate consistent with that experienced over the 2018-2020 period. The company paid 2.10 in dividend in 2018 and $2.32 in 2020. Estimate the value of ABC Manufacturing's stock. O 16.34 O None of the given answers is correct O 12.09 O 15.42 O 18.90