Question $15(1$ point$)$

Orkansas Corp. is experiencing rapid growth. Dividends are expected to grow at $25$ percent per year during the next three years, $15\%$ over the following year, and then $6\%$ per year forever. The required return on the stock is $10\%.$ What is the current share price if the today at the beginning of the current year is $$1\mathrm{.}87.$

$$89\mathrm{.}18$

$$88\mathrm{.}18$

$$87\mathrm{.}18$

$$86\mathrm{.}18$

$$90\mathrm{.}18$