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FX Trading has the following expected dividends: $5.55 in one year, $6.77 in two years, and $7.47 in three years. After that, its dividends

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FX Trading has the following expected dividends: $5.55 in one year, $6.77 in two years, and $7.47 in three years. After that, its dividends are expected to grow at 4.4% per year forever (so that year 4's dividend will be 4.4% more than $7.47 and so on). If FX's equity cost of capital is 10.3%, what is the current price of its stock (rounded to the nearest dollar)? The current price of FX's stock is closest to: A. $117 B. $115 C. $132 D. $99

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