AB Company will pay the dividend of $2.80 one year from now, $3.60 two years from now, and $5.20 three years from now. Afterwards, the dividend will grow by 5.1% each year. If the required rate of return for AB Companys industry is 11.4%, what is the present value of AB Companys stock under the Dividend Discount Model?

Group of answer choices

$98.35

$11.60

$71.93

$86.75