Connolly Co$.\text{'}$s expected year$-$end dividend is $D_1=$$$0\mathrm{.}50,$ its required return is $r_S=11\mathrm{.}00\%,$ its dividend yield is $6\mathrm{.}00\%,$ and its growth rate is expected to be

constant in the future. What is Connolly's expected stock price in $7$ years, i$.$e$.,$ what is hat$(P{)}_7?$

Select the correct answer.

a$.$ $$11\mathrm{.}50$

b$.$ $$11\mathrm{.}27$

c$.$ $$11\mathrm{.}96$

d$.$ $$11\mathrm{.}73$

e$.$ $$11\mathrm{.}04$