Elegante Homes stock traditionally provides a $16$ percent rate of return. The company just paid an annual dividend of $$3\mathrm{.}20$ a share and is expected to increase that amount by $5$ percent per year. If you are planning to buy $1,000$ shares of this stock next year, how much should you expect to pay per share if the market rate of return for this type of security is $9$ percent at the time of your purchase?

A$.$ $$30\mathrm{.}55$

B$.$ $$32\mathrm{.}07$

C$.$ $$67\mathrm{.}20$

D$.$ $$88\mathrm{.}20$