Joven Corp. is a young start$-$up company and therefore is not paying any dividends on the stock over the next $5$ years. The company will start paying a $$2$ per share dividend at the end of year $4$ and thereafter it will increase the dividends by $2\%$ per year forever. If the required rate of return on this stock is $10\%,$ what is the current $($today$\text{'}$s$)$ share price?

Question $12$ options:

$17\mathrm{.}08$

$23\mathrm{.}02$

$21\mathrm{.}12$

$25\mathrm{.}00$

$20\mathrm{.}00$

$12\mathrm{.}71$

$14\mathrm{.}64$

$22\mathrm{.}22$

$30\mathrm{.}01$