You find a stock with a beta of 0.6 that just paid a dividend of $1.25 that is expected to grow at 5.4%. If the risk-free rate is 3% and the expected market return is 8%, what should be the price of the stock?

You find a stock with a beta of 0.6 that just paid a dividend of $1.25 that is expected to grow at 5.4%. If the risk-free rate is 3% and the expected market return is 8%, what should be the price of the stock? A. $208.33 B. $54.90 C. $52.08 D. $219.58