MJ$23,$ Inc., $($Ticker: AIR$)$ is a young start$-$up company. No dividends will be paid on the stock over the next $9$ years because the firm needs to plow back its earnings to fuel growth. The company will pay a dividend of $$4\mathrm{.}46$ per share $10$ years from today and will increase the dividend by $4\mathrm{.}7$ percent per year thereafter. If the required return on this stock is $6\mathrm{.}88$ percent, what is the current share value of AIR?

$$117\mathrm{.}69$

$$204\mathrm{.}59$

$$120\mathrm{.}15$

$$105\mathrm{.}18$

$$112\mathrm{.}41$