QUESTION $2$

If $1)$ the expected return for Mindy's Mending stock is $14\mathrm{.}63$ percent; $2)$ the dividend is expected to be $$0\mathrm{.}00$ in one year, $$7\mathrm{.}66$ in two years, $$0\mathrm{.}00$ in three years, $$9\mathrm{.}16$ in four years, and $$11\mathrm{.}14$ in five years; and $3)$ after the dividend is paid in five years, the dividend is expected to grow by $1\mathrm{.}60$ percent per year forever, then what is the current price of the stock?

$$54\mathrm{.}33($plus or minus $2$ cents$)$

$$60\mathrm{.}65($plus or minus $2$ cents$).$

$$59\mathrm{.}96($plus or minus $2$ cents$)$

$$55\mathrm{.}02($plus or minus $2$ cents$)$

the answer cannot be obtained based on the given information