LA Diversified Inc. recently paid its annual dividend $($$$3\mathrm{.}00).$ Dividends have consistently grown at a rate of $3\mathrm{.}80\%.$ The stock has a beta of $1\mathrm{.}29.$ The current riskfree rate is $2\mathrm{.}00\%$ and the market risk premium $($RM $-$ RF$)$ is $8\mathrm{.}00\%.$ Assuming that CAPM holds, what is the intrinsic value of this stock?

$$35\mathrm{.}84$

$$39\mathrm{.}74$

$$35\mathrm{.}22$

$$37\mathrm{.}22$

$$36\mathrm{.}55$