If a firm currently pays a quarterly dividend of $$\mathrm{.}25$ and that is expected to shrink by $2\%$ every quarter, and their required return is $8\%,$ what is a fair stock price?

Question $1$ options:

$$10\mathrm{.}20$

$$16\mathrm{.}33$

$$17\mathrm{.}00$

$$9\mathrm{.}80$