please do in excel!! Assume that the risk$-$free rate is $4$ percent, the expected return on the market is $9$ percent, and that a share of stock in your company has a beta of $1\mathrm{.}35.$ If the current dividend just paid $($Do$)$ was $$2\mathrm{.}25$ and is expected to grow at a long$-$run growth rate of $3$ percent per year, then how much should investors be willing to pay for this stock?

Assume CAPM is the correct model for required returns.

$$30\mathrm{.}90$

$$29\mathrm{.}90$

$$28\mathrm{.}97$

$$33\mathrm{.}11$

$$31\mathrm{.}97$