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Common shares of Dark Sentencer inc. are expected to pay a dividend of $4.80 per share at the end of the year (D1=$4.80). The dividend

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Common shares of Dark Sentencer inc. are expected to pay a dividend of $4.80 per share at the end of the year (D1=$4.80). The dividend is expected to grow by 8% per year for the foreseeable future. If you require a 12% annual return, what is the most you would be able to pay for one share of Dark Sentencer? \begin{tabular}{|} $40.00 \\ $60.00 \\ $64.80 \\ $120.00 \\ $129.60 \end{tabular}

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