The Jackson$-$Timberlake Wardrobe Company just paid a dividend of $$1\mathrm{.}26$ per share on its stock. The dividends are expected to grow at a constant rate of $8$ percent per year indefinitely.

a$.$ If investors require a return of $14$ percent on the company's stock, what is the current price? Options: $22\mathrm{.}6823\mathrm{.}1322\mathrm{.}23215\mathrm{.}73$

b$.$ What will the price be in $4$ years? Options: $30\mathrm{.}8631\mathrm{.}4730\mathrm{.}2428\mathrm{.}577\mathrm{.}79$