You expect a share of stock to pay dividends of $$1\mathrm{.}10,$$$1\mathrm{.}35,$ and $$1\mathrm{.}60$ in each of the next $3$ years. You believe the stock will sell for $$12\mathrm{.}00$ at the end of the third year.

a$.$ What is the stock price if the discount rate for the stock is $10\%?$

Note: Do not round intermediate calculations. Round your answer to $2$ decimal places.

Answer is complete and correct.

$\backslash$table$[[$Stock price,$$,12\mathrm{.}33$