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The Jim Beam Company just paid a dividend of $0.90 per share, and that dividend...

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Finance

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The Jim Beam Company just paid a dividend of $0.90 per share, and that dividend is expected to grow at a constant rate of 4.50% per year in the future. The company's beta is 1.30, the market risk premium is 6.00%, and the risk-free rate is 3.50%. What is Jim Beam's current stock price, Po? $13.83 $10.97 $11.21 $14.78 $15.04

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