The Barclay House increases its dividend each year. The next annual dividend is expected to be $$1\mathrm{.}35$ a share. Future dividends will increase by $3\mathrm{.}5$ percent annually. What is the current value of this stock if the discount rate is $8$ percent?

Multiple Choice

$$30\mathrm{.}25$

$$28\mathrm{.}91$

$$30\mathrm{.}00$

$$29\mathrm{.}05$