A company pays out all its earnings as dividends. It will pay its next $$2\mathrm{.}50$ per share dividend in a year. The discount rate is $8$ percent What is the price$-$earnings ratio?

Multiple Choice

$12\mathrm{.}5$

$8\mathrm{.}0$

Stin

$10\mathrm{.}4$

$31\mathrm{.}25$

$20\mathrm{.}0$