Calculate the price of a stock for a company which is expected to pay $$5\mathrm{.}5$ per dividends per share next year.

The dividends are expected to have a constant growth rate of $3\%$ for the foreseeable future, the company$$s beta is $1\mathrm{.}1,$ the expected return on the S&P $500$ is $12\%$ and the expected return on the $90-$day Treasury Bill is $2\%.$