Assume that a share of stock has just paid $($yesterday$)$ an annual dividend of $$3\mathrm{.}00(D_0),$ and that this dividend is expected to grow by $$0\mathrm{.}07$ in each future year $($i$.$e$.,$ $$3\mathrm{.}07$ in Year $1,$ $$3\mathrm{.}14$ in Year $2,$ $$3\mathrm{.}21$ in Year $3,$ etc.$).$ Also, the stock has a beta of $1\mathrm{.}90,$ the risk$-$free rate is $4$ percent, and the market risk premium is $5$ percent $($and CAPM is the correct model for required returns$).$ Given this information, determine what the current price of this stock should be$.$

$$26\mathrm{.}58$

$$27\mathrm{.}76$

$$30\mathrm{.}44$

$$24\mathrm{.}50$

$$29\mathrm{.}04$