Connolly Co$.\text{'}$s expected year$-$end dividend is $D_1=$$$5\mathrm{.}25,$ 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$.$ $$123\mathrm{.}12$

b$.$ $$121\mathrm{.}53$

c$.$ $$122\mathrm{.}06$

d$.$ $$121\mathrm{.}00$

e$.$ $$122\mathrm{.}59$