Matilda Inc. shares of stock currently sell for $$74\mathrm{.}40.$ Its last dividend was $$0\mathrm{.}96.$ Analysts estimate the company will grow at an average annual rate of $10\%$ over the next $5$ years. Calculate the expected price of Matilda stock in $5$ years.

Question $5$ Answer

a$.$

$$88\mathrm{.}45$

b$.$

$$119\mathrm{.}82$

c$.$

$$114\mathrm{.}75$

d$.$

$$92\mathrm{.}68$

e$.$

$$97\mathrm{.}23$