Question $4$

Dividends for ABC Corporation are expected to be $$2$ per share one year from today, $$3$ per share two years from today, $$5$ per share three years from today, $$6$ per share four years from today, and $$7$ per share five years from today. Thereafter they are e cted to grow by $4\%$ per year. If investors demand a $12\%$ rate of retu what is the price per share today?

$67\mathrm{.}16$

$73\mathrm{.}35$

$78\mathrm{.}60$

$76\mathrm{.}78$