problem: Schnusenberg Corporation just paid a dividend of D0 = 0.75 dollar per share and that dividend is expected to grow at a constant rate of 6.50 percent per year in the future. The company's beta is 1.25, the required return on the market is 10.50 percent, & the risk-free rate is 4.50 percent. Determine the company's current stock price?
[A] $15.26
[B] $15.64
[C] $16.03
[D] $14.52
[E] $14.89