Q$19$ MJ$23,$ Inc., $($Ticker: AIR$)$ is a young start$-$up company. No dividends will be paid on the stock over the next $10$ years because the firm needs to plow back its earnings to fuel growth. The company will pay a dividend of $$3\mathrm{.}92$ per share $11$ years from today and will increase the dividend by $3\mathrm{.}4$ percent per year thereafter. If the required return on this stock is $7\mathrm{.}16$ percent, what is the current share value of AIR?

$$52\mathrm{.}21$

$$104\mathrm{.}26$

$$53\mathrm{.}99$

$$48\mathrm{.}72$

$$55\mathrm{.}95$