Mannix Corporation stock currently sells for $$70$ per share. The market requires a return of $11$ percent on the firm's stock.

If the company maintains a constant $8$ percent growth rate in dividends, what was the most recent dividend per share paid on the stock?

Multiple Choice

$$13\mathrm{.}38$

$$4\mathrm{.}02$

$$2\mathrm{.}10$

$$1\mathrm{.}87$

$$1\mathrm{.}94$