Setla, Co$.$ just paid a $$0\mathrm{.}85$ annual dividend. The company has a policy whereby the dividend increases by $2\%$ annually. You would like to purchase $300$ shares of stock in this firm but realize that you will not have the funds to do so for another four years. If you desire a $12\mathrm{.}50\%$ rate of return, how much should you expect to pay for $500$ shares when you can afford to buy this stock?

Multiple Choice

$$2,211$

$$2,129$

$$2,681$

$$2,469$

$$2,795$