Do not do any interim rounding..

A dividend of $$5\mathrm{.}15$ was paid last year by Blue Lightening and the company anticipates this will grow at $2\mathrm{.}50\%$ for the foreseeable future. The appropriate discount rate $($expect return$)$ for the stock is $10\mathrm{.}2\%,$ Blue Lightening's stock price is closest to:

A$)$ $$66\mathrm{.}88.$

mation

$144$

B$)$ $$68\mathrm{.}56.$

C$)$ $$51\mathrm{.}75.$