A preferred stock pays a semi$-$annual dividend of $$12$ per share, with the first dividend paid $6-$months from now. If $j_2=10\%,$ how much should a share of this stock be selling for today?

Multiple Choice

$$117\mathrm{.}07$

$$120\mathrm{.}00$

$$234\mathrm{.}15$

$$240\mathrm{.}00$