Question: Need Help with Finance Question. Please answer with as much detail as you can. I'll like your correct answer. Thank you. MO incis most recent

Need Help with Finance Question. Please answer with as much detail as you can. I'll like your correct answer. Thank you.

MO incis most recent dividend was $2 per share. The dividend is expected to grow at a rate of 6 percent per year. The risk-free rate is 5 percent and the return on the market is 9 percent, If the company's beta is 1.5. What is the price of the stack today? Please show your work to get full credit for this

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