Reddick Enterprises' stock currently sells for $50.00 per share. The dividend is projected to increase at a constant rate of 5.50% per year. The required rate of return on the stock, r_s, is 9.00%. What is the stock's expected price 3 years from today?

Select one:

a. $71.04

b. $71.63

c. $58.71

d. $68.69

e. $61.6

using excel please