Thomas Bros. is expected to pay a $$0\mathrm{.}70/$share dividend at the end of the year. Dividend is expected to grow at a constant rate of $7\mathrm{.}25\%$ per year. The required rate of return is $15\mathrm{.}34\%.$ Compute the stock price.

$1.$

$$1\mathrm{.}00$

$2.$

$$0\mathrm{.}0928$

$3.$

$$9\mathrm{.}28$

$4.$

$$8\mathrm{.}65$