A company has earnings per share of $3.82 from which it just paid $1.34 in dividends (think payout rate). The firm has an ROA of 17% and an ROE of 22%. The market earns 15% while T-bills earn 4.5%.

A company has earnings per share of $3.82 from which it just paid $1.34 in dividends (think payout rate). 

The firm has an ROA of 17% and an ROE of 22%. 

The market earns 15% while T-bills earn 4.5%. The stock has a beta of 1.56. 

What is the price of the stock?

$23.28

$20.36

$15.14

$73.64