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Sorenson Corp. ' s expected year - end dividend is D 1 = $ ? 3 . 6 0 , its required return is r

Sorenson Corp.'s expected year-end dividend is D1=$?3.60, its required return is rS=9.00%, its dividend yield is 6.00%, and its growth rate is expected to be constant in the future. What is Sorenson's expected stock price in 7 years, i.e., what is tilde(P)7? Do not round intermediate calculations.
a. $61.80
b. $73.79
c. $109.68
d. $90.22
e. $71.6
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