A stock just paid a dividend of $$4.$ Next year, you are expecting this dividend to grow by $10\%$ and you are expecting the company to generate earnings of $$7\mathrm{.}50$ per share. Looking at compareable firms, you believe that next year, the company will achieve a price to earnings ratio of $15\mathrm{.}6.$ Given your projections, if this company's stock has a required return of $12\%$ what price would you be willing to pay for a share of this stock today? $($I believe the answer is $108\mathrm{.}39$ I just need help understanding how to get there$)$