A company expects to pay a dividend of $3.50 per share one year from today. the dividend is expected to grow at 30 percent per year for two years. Thereafter, the dividend will grow at 4 percent per year in perpetuity. if the appropriate discount rate for the stock is 13 percent, what is the price of the stock today?

Group of answer choices

$71

$66

$68

$75

$58