Sunshine Corporation Is Expected to Pay a Dividend of $1

Sunshine Corporation is expected to pay a dividend of $1.50 in the upcoming year.Dividends are expected to grow at the rate of 6% per year.The risk-free rate of return is 6% and the expected return on the market portfolio is 14%.The stock of Sunshine Corporation has a beta of 0.75.The intrinsic value of the stock is _______.

A) $10.71
B) $15.00
C) $17.75
D) $25.00
E) none of the above