Roberts Lumber of Perry, FL$.,$ paid an annual dividend of $$1\mathrm{.}47$ per share yesterday. Today, the company announced that future dividends will be increasing by $3$ percent annually. If you require a return of $14\mathrm{.}6$ percent, how much are you willing to pay to purchase one share of this stock today?

$$11\mathrm{.}81$

$$9\mathrm{.}67$

$$12\mathrm{.}16$

$$13\mathrm{.}05$

$$9\mathrm{.}38$