Toblerone Inc. just paid a dividend of $$5$ per share. Future dividends are expected to grow at a constant rate of $6\mathrm{.}5\%$ per year. What is the formula price of the stock, if the risk$-$free rate is $4\%,$ the stock's beta is $2\mathrm{.}2,$ and if the required rate of return on the market is $12\%?$

required return is $16\%?$

Group of answer choices

$$34\mathrm{.}14$

$$35\mathrm{.}26$

$$29\mathrm{.}44$

$$25\mathrm{.}81.$