QUESTION $9$

If $1)$ the expected return for Mindy's Mending stock is $13\mathrm{.}68$ percent; $2)$ the dividend is expected to be $$0\mathrm{.}00$ in one year, $$6\mathrm{.}78$ in two years, $$0\mathrm{.}00$ in three years, $$7\mathrm{.}21$ in four years, and $$8\mathrm{.}49$ in five years; and $3)$ after the dividend is paid in five years, the dividend is expected to grow by $3\mathrm{.}38$ percent per year forever, then what is the current price of the stock?

$$5895($plus or minus $2$ cents$)$

$$5749($plus or minus $2$ cents$)$

$$53\mathrm{.}02($plus or minus $2$ cents$)$

$$54\mathrm{.}48($plus or minus $2$ cents$)$

the answer cannot be obtained based on the given information