You expect Company XYZ to pay $$2$ in dividends next year. Further, you expect that dividends will increase by $1\%$ every year. If your required rate of return is $7\%,$ what is the value of XYZ$$s stock?

$$11\mathrm{.}11$

$$33\mathrm{.}33$

$$55\mathrm{.}55$

$$66\mathrm{.}66$