Management of Sperbing Bearings Inc. plan to reinstate the annual $$1$ dividend on its Series A Preferred shares in

three years. After the resumption, analysts expect the dividend to continue in perpetuity. You own $100$ shares of

Sperbing and you want $$100$ of income annually from your holdings $($by selling shares$)$ starting tomorrow. After your

sale of shares in two years, how many shares will you have left? Shareholders expect a return of $5\%$ on the preferred

shares.

$84\mathrm{.}2$

$80\mathrm{.}2$

$82\mathrm{.}2$

$86\mathrm{.}2$