Intel $($INTC:NASDAQ$)$ pays $$1$ dividend $($sum of quarterly dividends$)$ with a forecasted dividend growth of $5\%$ and required rate of return of $8\%.$ What is the fair stock price using dividend growth mode?

a$.$ $$33\mathrm{.}33$

b$.$ $$12\mathrm{.}50$

c$.$ $$20$

d$.$ $$35$