Todd Mountain Development Corporation is expected to pay a dividend of $$2$ in the upcoming year. Dividends are expected to grow at the rate of $7\%$ per year. The risk$-$free rate of return is $6\%,$ and the expected return on the market portfolio is $18\%.$ The stock of Todd Mountain Development Corporation has a beta of $0\mathrm{.}75.$ Using the constant$-$growth DDM$,$ the intrinsic value of the stock is

$01$:$05$:$59$

Multiple Choice

$4\mathrm{.}20$

$9\mathrm{.}09$

$28\mathrm{.}57$