Question: Consider a stock that will pay out a dividends over the next 3 years of $1.1,$1.65, and $2.45, respectively. The price of the stock will

Consider a stock that will pay out a dividends over the next 3 years of $1.1,$1.65, and $2.45, respectively. The price of the stock will be $49.83 at tme3. The interest rate is 5%. What is the current price of the stock? Enter your response below rounded to 2 DECIMAL PLACES

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