You are valuing ABC stock. ABC's next dividend (at t=1) is expected to be $2.30 dividends are expected to grow by 15% per year for the 5 years after that (from t=1 to t=6). Then the dividends are expected to grow by 4% thereafter (t=7 to infinity). If investors require a 10% return what is your estimated stock price of ABC?

Group of answer choices

59.32

55.21

86.45

56.71

94.25

18.65

52.60