One Corp. is start$-$up company and therefore is not paying dividends for the next $8$ years. At the following year, One will start paying an annual dividend of $$9$ per share and thereafter it will increase the dividends by $3\%$ per year forever. If the required rate of return on this stock is $8\%,$ what is the price of this stock today? Answer: $97\mathrm{.}25$ Please explain how to get this answer