Elliott Furniture, Inc. is experiencing a period of rapid growth. Earnings and dividends are expected to grow at a rate of 10% during the next 2 years , at 8% in the third year and at a constant rate of 6% thereafter. Elliott's last dividend was $1.60 and the required rate of return on the stock is 7%.What is the value of the stock today?

146.92

102.92

92.92

185.96

133.96