Avril Synchronistics will pay a dividend of $$1\mathrm{.}20$ per share this year. It is expected that this dividend will grow by $7\%$ each year in the future. What will be the current value of a single share of Avril's stock if the firm's equity cost of capital is $16\%?$

A$.$ $$14\mathrm{.}66$

B$.$ $$10\mathrm{.}00$

C$.$ $$13\mathrm{.}33$

D$.$ $$9\mathrm{.}33$