Question: Weber Integrated Systems Inc. is expected to pay a year - end dividend of $ 0 . 9 0 per share ( i . e

Weber Integrated Systems Inc. is expected to pay a year-end dividend of $0.90 per share (i.e. D1= $0.90), and that dividend is expected to grow at a constant rate of 4.00% per year in the future. The company's beta is 1.20, the market risk premium is 5.00%, and the risk-free rate is 4.00%. What is the company's current stock price?
a. $15.00
b. $15.60
c. $16.33
d. $17.77
e. $18.20

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