$($VALUATION$)$ Patterson Enterprises currently expects to pay a year$-$end dividend of $$2\mathrm{.}50$ a share $($D$1=$ $$2\mathrm{.}50).$ Patterson's dividend is expected to grow at a constant rate of $4\%$ a year, and its beta is $0\mathrm{.}9.$ What is the current price of Patterson's stock?

A$)$ $$70\mathrm{.}42$

B$)$ $$33\mathrm{.}11$

C$)$ $$32\mathrm{.}16$

D$)$ $$68\mathrm{.}62$