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Henebry Co . s stock price is $ 6 0 per share, and its expected year - end dividend is $ 4 . 2 0

Henebry Co.s stock price is $60 per share, and its expected year-end dividend is $4.20 a share (D1= $4.20). The stocks required return is 9%, and the dividend is expected to grow at a constant rate forever. What is the expected price of the stock 6 years from now?
a. $63.67
b. $64.95
c. $66.24
d. $67.57
e. $68.92

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