Your company made the following announcement at the annual share holders meeting today: the company is planning to pay a stable dividend of $6.65 per share over the next two years. After that, investors are expecting that the growth rate in dividends will be 3% into the foreseeable future. If your shareholders require a yearly return of 10.5%, what price do you expect the shares of your company to be trading?

Group of answer choices

$86.26

$90.81

$83.27

$117.57