Assume that a stock with a required rate of retum of $12$ percent currently sells for $$30$ per share. If the stock's dividend is expected to grow at a constant rate of $4\mathrm{.}5$ percent per year, and if markets are in equilibrium, then determine what investors must expect the year$-$end dividend at $t=1(D_1)$ to be$.$

$$2\mathrm{.}40$

$$1\mathrm{.}95$

$$1\mathrm{.}80$

$$2\mathrm{.}25$

$$2\mathrm{.}10$