Ludo Company's preferred stock has a $$100$ par that pays a $$12$ annual dividend. The required return is $9\%.$ Calculate the value of the preferred stock if it has a one$-$year maturity and pays dividends semiannually.

Group of answer choices

$$102\mathrm{.}81$

$$103\mathrm{.}81$

$$101\mathrm{.}81$