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Marie - Eve is predicting that FastMobile Co . will pay a $ 6 dividend one year from now, and its dividends will grow at

Marie-Eve is predicting that FastMobile Co. will pay a $6 dividend one year from now, and its dividends will grow at the rate of 13% for 4 more years thereafter. She assumes that after year 5 the growth rate of dividends will slow down to 5% per year forever. If the expected return on a comparable stock is 9%, what should be Marie-Eve's estimate of the fair value of the FastMobile Co.'s stock?
a. $129.62
b. $156.36
c. $196.52
d. $168.86
e. $143.19
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