The Meddle Group paid a dividend of $$3\mathrm{.}00$ last year. The company plans to keep the divdend of $$3\mathrm{.}00$ constant forever. If investors require a return of $9\mathrm{.}6$ percent on the company's stock. What is the stock price?

Multiple Choice

Can't answer, need the growth rate

$$34\mathrm{.}25$

$$31\mathrm{.}25$

$$44\mathrm{.}25$