A firm pays a dividend of $$1\mathrm{.}10,$ which is expected to continue forever $($perpetuity$).$ If an investor requires an $8\%$ return, what would they be willing to pay for a share of stock in this firm?

Group of answer choices

$$13\mathrm{.}75$

$$10\mathrm{.}00$

$$5\mathrm{.}35$

$$3\mathrm{.}95$

$$176\mathrm{.}00$

$$155\mathrm{.}24$

$$306\mathrm{.}99$

$$75\mathrm{.}25$