MJ$23,$ Inc., $($Ticker: AIR$)$ is a young start$-$up company. No dividends will be paid on the stock over the next $14$ years because the firm needs to plow back its earnings to fuel growth. The company will pay a dividend of $$7\mathrm{.}38$ per share $15$ years from today and will increase the dividend by $2\mathrm{.}8$ percent per year thereafter. If the required return on this stock is $6\mathrm{.}64$ percent, what is the current share value of AIR?

$$ $$83\mathrm{.}32$

$$80\mathrm{.}32$

$$78\mathrm{.}13$

$$73\mathrm{.}27$