Modular Systems Inc. is expecting both earnings and dividends to grow by $15\%$ in Year $1,0\%$ in Year $2,$ by $5\%$in Year $3,$ and at a constant rate of $10$ percent in Year $4$ and thereafter. The required return on Modular is $15$ percent, and it sells at its equilibrium price, P$0=$ $$62\mathrm{.}14.$ What is the approximate value of its expected dividend next year? $(3\mathrm{.}5$ points$)$

A$)$$$0$

B$)$$$1\mathrm{.}25$

C$)$$$1\mathrm{.}75$

D$)$$$2\mathrm{.}45$

E$)$$$3\mathrm{.}55$