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Conroy Consulting Corporation (CCC) has been growing at a rate of 20.0% per year in recent years. This same nonconstant growth rate is expected to

Conroy Consulting Corporation (CCC) has been growing at a rate of 20.0% per year in recent years. This same nonconstant growth rate is expected to last for another 3 years. If D0 = $1.72, rs = 20.0%, and gL (long-term constant growth after year 3) = 5.0%, then what is CCC's stock worth today (P0)?

$17.20

$97.28

$198.07

$86.84

$32.10

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