Using the one-period valuation model, if D1=0.63, ke=9.5% and P1=23.3, thenGroup of answer choicesP0 = 21.95P0 = 21.85P0 = 21.65P0 = 21.75

The one-period valuation model is a financial concept used to determine the current price of a stock. The formula for this model is:

P0 = D1 / (ke - g) + P1 / (1 + ke)

In this case, the growth rate (g) is not given, so we will assume it to be 0. This simplifies the formula to:

P0 = D1 / ke + P1 / (1 + ke)

Given that D1 = 0.63, ke = 9.5% or 0.095, and P1 = 23.3, we can substitute these values into the formula:

P0 = 0.63 / 0.095 + 23.3 / (1 + 0.095)

Solving this equation will give us the value of P0. Let's calculate it:

P0 = 6.631578947368421 + 23.3 / 1.095

P0 = 6.631578947368421 + 21.277625954198473

P0 = 27.909204901566894

However, none of the provided answer choices match this result. There might be a mistake in the question or the provided data.