A firm is expected to pay a dividend of $$3\mathrm{.}00$ next year and $$4$ the following year. Financial analysts believe the stock will be at their target price of $$75\mathrm{.}00$ in two years. Compute the value of this stock with a required return of $12$ percent.

Question $10$ options:

$1)$

$$50\mathrm{.}00$

$2)$

$$65\mathrm{.}66$

$3)$

$$67\mathrm{.}82$

$4)$

$$86\mathrm{.}21$