PPR Corporation plans to begin paying dividends in 5 years. The first five dividends will be as follows: D₅ = $4.64, D₆ = $4.36, D₇ = $4.10, D₈ = $3.98, and D₉ = $3.78 respectively. After five years of dividend payments, dividends are expected to grow at a constant rate of 6.00 percent forever. PPR's required rate of return is 13.00 percent. What is the current price (P₀) of PPR common stock?

Group of answer choices

$66.35

$19.05

$78.10

$28.17