FWP Co$.\text{'}$s P$/$E ratio is $13.$ The stock's beta is $1\mathrm{.}3$; the risk$-$free rate is $2\%$; the expected market rate of return is $11\%.$ The last dividend was $$1\mathrm{.}80$ and dividends are expected to grow at $3\%$ annually for the foreseeable future. To find the intrinsic value of this stock, we should

Group of answer choices

multiply $$1\mathrm{.}80$ by $13.$

divide $$1\mathrm{.}80$ by $0\mathrm{.}137.$

multiply $$1\mathrm{.}85$ by $10.$

divide $$1\mathrm{.}85$ by $0\mathrm{.}107.$