You are considering buying common stock in Grow On$,$ Inc. The

firm yesterday paid a dividend of $$6\mathrm{.}90.$ You have projected that

dividends will grow at a rate of $7\mathrm{.}0\%$ per year indefinitely. The

firm's beta is $1\mathrm{.}79,$ the risk$-$free rate is $4\mathrm{.}6\%,$ and the market

return is $13\mathrm{.}6\%.$ What is the most you should pay for the stock

now?$$$$33\mathrm{.}32$$$50\mathrm{.}33$$$53\mathrm{.}85$$$35\mathrm{.}65$$$58\mathrm{.}83$