A common stock is expected to generate an end-of-period dividend of $5 and an end-of-period price of $62. If this security has a beta coefficient of 1.3, the risk-free interest rate is 10%, and the expected return on the market portfolio is 19%, then what is the value of this security today?
a. $55.50
b. $59.98
c. $55.05
d. $56.30