A stock analyst uses industry PE ratios as justified PE multiples for stocks. A stock's industry PE ratio is 21.7 and the stock's earnings per share for this year (EPS₀) is $3.82. If the earnings growth rate is 4.50 percent, what is the expected price per share of this stock five years from today?

Group of answer choices

$92.79

$86.62

$101.55

$107.95

$103.30