A bank stock is currently paying $$2\mathrm{.}53$ in dividends per year. The bank grows slowly, at about $1\%$ per year. Given a required rate of return of $12\%$ per year, what is the current stock price?

Group of answer choices

$25\mathrm{.}30$

$11\mathrm{.}00$

$23\mathrm{.}00$

$24\mathrm{.}00$