Question $2$ ABC Inc. is expected to pay a dividend in Year $1$ of $$1\mathrm{.}20,$ a dividend in Year $2$ of $$1\mathrm{.}50,$ and a dividend in Year $3$ of $$2\mathrm{.}00.$ After Year $3,$ dividends are expected to grow at the rate of $10\%$ per year. An appropriate required return for the stock is $14\%.$ Calculate the stock price of ABC Inc. in Year $1.($a$)$ $$46\mathrm{.}38\%($b$)$ $$40\mathrm{.}68($c$)$ $$44\mathrm{.}75($d$)$ $$45\mathrm{.}18$