PLEASE NEED IT ASAP

Earnings per common share of ABC Industries for the current year are expected to be $5.00 and to grow 8% per year over the next 4 years. At the end of the 5 years, earnings growth rate is expected to fall to 6.5% and continue at that rate for the foreseeable future. ABCs dividend payout ratio is 45%. If the expected return on ABC's common shares is 18%, what is the terminal (horizon) value of the stock at the beginning of year 6?

Multiple Choice

$24.30

$30.20

$30.61

$28.35

$26.25